Examine how various economical and financial factors influence the housing market in UK by comparing the Economical crisis from 2008 and the Recent Covid- 19 pandemic.Objectives: To examine the differences and similarities of housing markets between UK and Sweden Analise the housing market before, during and after the two economic crises. Examine the resilience of UK house markets through the economic crisis. Critically analyse how much the inflation and interest rates affect UK house prices. Determine how market conditions influence the peoples decision making in UK.The following document contains written info on literature review and I want this incorporated in dissertation with the necessary adjustments of course.
Introduction
The housing market in the United Kingdom (UK) is a complex and crucial sector of the economy. It plays a significant role in household wealth, economic stability, and overall well-being. This dissertation will examine how the UK housing market has responded to two major economic crises: the 2008 financial crisis and the recent COVID-19 pandemic.
Literature Review
A comprehensive literature review is essential to understand the existing research on the UK housing market and its response to economic shocks. Key areas to be explored include:
Methodology
This dissertation will employ a mixed-methods approach, combining quantitative and qualitative data analysis.
Analysis
The following key areas will be addressed in the analysis:
Conclusion
The dissertation will conclude by summarizing the key findings on how the UK housing market has responded to the 2008 financial crisis and the COVID-19 pandemic. It will compare and contrast the market’s performance with other countries like Sweden. The research will then critically analyze the factors contributing to the UK’s housing market resilience and vulnerabilities. Finally, the concluding section will discuss the influence of inflation, interest rates, and market conditions on buyer decision-making in the UK housing market.