Friday, May 11, 2007
Housing costs taking their toll of society
Times online: Housing costs taking their toll of society
"One of the unplanned but most intractable legacies of the Blair decade is the distortion of any normal or sustainable relation between house prices and people’s incomes. If that link is not already broken it is certainly stretched to the limit.
The rate of price inflation may be slowing, just, but remains obstinately high.
The question that always accompanies fresh data showing a fast-growing housing market is: are we headed for a crash? The short answer, at present, is no. " ...
Posted by ukuser1 @ 10:53 AM (118 views) Add Comment
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