Posted: December 30th, 2021
Complete 7 pages APA formatted article: System Thinking/Soft Systems (PROPERTY PRICES). are some of the major causes of the unstable rise in the prices of property in Britain.
With a support from the current macro – economic growth which has been some what remarkable in the past year as the GDP had an interminable growth in the year 2006 (OECD Economic Outlook, 2006) also supported by a perpetual rise in the investment and an auxiliary rise in the consumption (OECD Economic Outlook, 2006).
This constant growth in the property prices also has its drawbacks. some of these drawbacks are incompetency regarding property purchase and loath for having kids. The demand for housing has also increased tremendously due to the increasing net immigration figures estimated between 250,000 to 400,000 concluded on basis of figures available for each of the years ranging from 1997 – 2007 (Office for National Statistics, 2007)
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