I wouldn’t put my shirt on house prices
Note: A house price crash hasn’t happened yet, a gentler correction is underway, but a fall may still come.
Why have property prices doubled in five years? The government has bought the idea that it is because there are not enough homes to meet demand. This is rubbish and John Prescott’s pledge to build one million homes in the south-east of England is a stupid way to try to bring down house prices.
