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Who has a vested interest in a house price boom
Estate agents: They profit from the charges they make to vendors. During a boom there are more sales, so estate agents prosper.
Banks: They profit from mortgage application fees. During a boom, people take new mortgages so banks prosper.
Property speculators: They buy and sell property, but usually have little or no interest in using the property for accomodation or other purpose (such as retail). They prosper (unlike homeowners), because they can sell when prices are high without the need to buy (or rent) another property.
Home improvement businesses: When people move house, they often make purchases of furniture, kitchens, bathrooms etc. in order to make a new home fit their particular needs.