The UK housing market - is there such a thing as a 50 year bubble?
marketdepth.substack.com
There are things one doesn’t talk about at dinner parties - politics and religion have always been infra dig, as has Brexit more recently. Property prices on the other hand have always been a stalwart of conversation over the coffee and petit-fours, with ever-rising prices inducing much knee-rubbing and glee. With higher interest rates due to high inflation, the property market in the UK and elsewhere is starting to turn, so perhaps the thrills that people get from talking about the ‘mills’ their houses are worth might start to abate a bit.
The UK housing market - is there such a thing as a 50 year bubble?
The UK housing market - is there such a thing…
The UK housing market - is there such a thing as a 50 year bubble?
There are things one doesn’t talk about at dinner parties - politics and religion have always been infra dig, as has Brexit more recently. Property prices on the other hand have always been a stalwart of conversation over the coffee and petit-fours, with ever-rising prices inducing much knee-rubbing and glee. With higher interest rates due to high inflation, the property market in the UK and elsewhere is starting to turn, so perhaps the thrills that people get from talking about the ‘mills’ their houses are worth might start to abate a bit.