Housing bubble in the UK – part II Earlier in the week, we looked at whether we may currently be in a housing bubble. The conclusion was that, in London, perhaps the 2007 bubble never burst, and that Londoners should be wary of further house price increases. In the North, however, house prices relative to… Read more
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Housing bubble in the UK – what the data suggests
Housing bubble in the UK The headlines from the media, political figures, banking leaders and other experts range from “The market is undervalued” to “we are coming out of recession” to “impending doom: bubble about to burst”. However, I have not seen much data to date actually supporting any of these arguments. Nationwide House… Read more