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According to the city's press release, the wage increase is happening because of the City's Earned Sick Leave and Minimum Wage Ordinance, which was approved in 2016.
From july last year, with the average cost of a home in the uk nowjust over £260,000. earlier we spoke to our correspondent, colletta smith and we began by asking her what's driving this trend? what we're seeing is the biggest house price fall since the financial crash in 2009. but the ingredients, the causes of this fall are very different. it's really being fuelling by those huge increases in mortgage rates that we've seen over recent months. so today, if you were to get a two—year fixed—rate mortgage deal, the average price is that you'd be paying 6.85% and interest. that's a massive j...
From july last year, with the average cost of a home in the uk nowjust over £260,000. let's go live now to our correspondent, colletta smith. colletta, what's driving this trend? well, it's interesting, what we are seeing is the biggest house price fall since the financial crash in 2009. at the ingredients, the causes of the fall are very different. it's really being fuelled by the huge increases in mortgage rates that we have seen over recent months. today, if you are to get a two—year, fixed—rate mortgage deal, the average price you would be paying is 6.85% in interest, a massivejump co...
Affordability is still a challenge for many people. with the details, here's our cost of living correspondent, colletta smith. what we're seeing is the biggest house price fall since the financial crash in 2009. but the ingredients, the causes of this fall are very different. it's really being fuelling by those huge increases in mortgage rates that we've seen over recent months. today, it's been caused by the huge increase in mortgage rates that we've seen over the last couple of months really beginning to bite in the housing market. if you were to get a two—year fixed—rate mortgage deal t...
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