House prices remain remarkably stable
The high unemployment and corporate failures predicted during Covid have not materialised while the housing market has also held up.
The high unemployment and corporate failures predicted during Covid have not materialised while the housing market has also held up.
Higher interest rates are biting into house prices which have fallen for the fourth consecutive month in July.
Jeremy Hunt insisted that government support to mortgage holders would simply prolong the “inflationary agony”.
Unless and until the renters and wannabe home owners rise up at the ballot box, the government will rig the market to ensure that the prices never go down, and we shall all be poorer.
Neil Collins’ Notebook: Ofgem “gets tough”, the perfect excuse to scrap HS2 and could house prices be about to fall?
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