Recent content by W. Rostow

...report this as bad news? In the UK, from 1997 to 2007 the average price of a house increased from £58,000 to £188,000. From this period, wages only increased by 40%. This had the disastrous effect of putting the price of property out of the reach of most ordinary people, with house prices...

always report this as bad news? In the UK, from 1997 to 2007 the average price of a house increased from £58,000 to £188,000. From this period, wages only increased by 40%. This had the disastrous effect of putting the price of property out of the reach of most ordinary people, with house prices...

...people? Given that 50% of private school pupils now obtain A grades at A level at each sitting, should universities and employers be able to discriminate against those applicants who have had their academic grades manipulated through better teaching, smaller class sizes and an academic...

Between 1997 and 2007, house prices in the UK increased exponentially from £58,000 to £188,000 (by 224%) when real wages only increased by 24%. This led to properties being valued significantly higher than their long term fair value (3.5 times average salary; at current rates £80,500). Since...

report this as bad news? In the UK, from 1997 to 2007 the average price of a house increased from £58,000 to £188,000. From this period, wages only increased by 24%. This had the disastrous effect of putting the price of property out of the reach of most ordinary people, with house prices over 7...