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2015 saw a surge in demand for loft conversions by homeowners in the UK as a result of the new and simplified planning regulations. There are different types of loft conversions chosen because of price, space available, aesthetic appeal, property style, the height of the roof, and the planning permission required. [1]
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
In US usage, a loft is an upper room or storey in a building, mainly in a barn, directly under the roof, used for storage (as in most private houses).In this sense it is roughly synonymous with attic, the major difference being that an attic typically constitutes an entire floor of the building, while a loft covers only a few rooms, leaving one or more sides open to the lower floor.
15 major U.S. cities where home prices have risen the most in 2024 eeing increased demand as buyers look for lower-cost alternatives outside more expensive markets. CBS News 1 month ago
Country house conversion to apartments is the process whereby a large country house, which was originally built to accommodate one wealthy family, is subdivided into separate apartments (i.e. flats or condos) to allow multiple residential occupancy by a number of unrelated families.
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Inflation rates among members of the International Monetary Fund in April 2024 UK and US monthly inflation rates from January 1989 [1] [2] In economics, inflation is a general increase in the prices of goods and services in an economy. This is usually measured using a consumer price index (CPI).