does uk housing market warrant government intervention
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| Submitted: Mon Mar 03 2008
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A Comparison of Regional Houses Prices. In this section I aim to highlight the regional house prices disparities displayed in the United Kingdom by contrasting analogous properties, one in a more prosperous area; the South East and one in a more deprevated area; the North east. I have chosen to use the district of Grimsby as my example in the North East and Hove to contrast it with. ` Postal District 1997 2002 2005 2006 2007 Hove £69,481 £186,282 £204,801 £251,037 £294,914 Postal District 1997 2002 2005 2006 2007 Grimsby £53,664 £37,524 £65,512 £73,003 £79,767 This shows the relative growth of house prices in the respective reasons. It is clear from this source that there is a significant difference in the rates of growth, and that these dissimilarities in price are actually increasing, so the problem is getting worse. Holme Farm Close, Great Coates, Grimsby, £132,950 House - Detached Bedrooms: 3 Parking: Garage Garden: Garden Property description A spacious and well presented detached home in a quiet cul de sac within the popular village of Great Coates. An...

