What is one of the main reasons for the current drop in house purchases in the UK?
U.K. Housing Hits Hard Times as Buyers Balk at Risk

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Business, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Increased interest rates
Political and economic uncertainty
Lack of available properties
High inflation rates
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How did international buyers previously affect the London property market?
They led to stricter regulations.
They caused a decrease in property prices.
They had no significant impact.
They contributed to a buoyant market.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What has been the trend among Russian buyers in the London property market recently?
A shift to other European markets
No change in purchasing behavior
A decrease in purchases
An increase in purchases
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role does Foxtons play in the London housing market?
A new entrant in the market
A government-regulated entity
A bellwether indicating market trends
A minor player with little influence
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a significant challenge for buyers trying to secure a mortgage in London?
Lack of available lenders
High underwriting standards
Low property prices
Excessive government subsidies
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