"This may be due to a number of factors such as increased participation in higher education, increased female participation in the labour force, increasing importance of a career, rising opportunity costs of childbearing, labour market uncertainty, housing factors and instability of partnerships".
Finally, greater uncertainty in house price expectations is associated with a lower probability of buying a secondary house (as well as with smaller amounts spent) but not with the purchase or the amount spent in other goods.
Todays real problem is a shortage of reliable borrowers, especially given the uncertainty about house prices.
In the short-term this will cause prices to fall and genuine personal agony, but in the longer-term it will clear away a critical source of uncertainty about housing supply and demand.
"This may be due to a number of factors such as increased female participation in higher education and the labour force, the increasing importance of a career, the rising costs of childbearing, labour market uncertainty and housing factors.
Thus, the birds displayed greater optimism in the face of uncertainty under housing conditions in which other measures indicate better welfare.
But they repeatedly cautioned that uncertainties about housing still posed the biggest risk to their forecast for a "soft landing".
Indeed, a gothic uncertainty surrounds this house, which, according to legend, might have been a stop on the Underground Railroad.
The run-up to the vote created uncertainty that hit house sales and Foxtons said on Monday it expected the downturn to last at least until the end of this year.
The laws governing appraisals, taken together with the persistent uncertainty in the housing market, have added perils to the process of getting a house from listing to closing, said Sally Slater, a broker with Prudential Douglas Elliman in Bedford.
Darren Mason, 21, from Lancaster, is worried about the uncertainty in the housing market after the referendum, although he admits it could make housing more affordable.
