Changing Lifestyles Force New Rating Criteria

The pandemic is leaving its mark on rating systems from different perspectives. Working families swap the city for country living: Changing work habits brought about by the Covid-19 pandemic and rising house prices have seen households turn their back on cities for nearby countryside locations. There are changes in real estate markets, but also in consumer profiles. All of these changes must be updated in the criteria of rating systems.

New Experian analysis reveals a fundamental change in where families and homeowners are looking to base their lives:

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