The UK economy has been underpinned by artificially high house prices. We are so dep in it that house prices are always protected. It may seem good if you have a nice appreciating asset but it is terrible for society, particularly the young. The best thing that can happen is wide scale CPOs and massive social housing builds which would deflate the rental market and hopefully start house prices falling. Politicians just don't think that far ahead and most would lose out so we will continue on the same path and society will continue to break downThis quote is hidden because you are ignoring this member. Show Quote
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Thread: Housing
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13-12-2024 10:15 AM #10
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