Tuesday, January 16, 2007
Will the UK housing market stumble in 2007?
'As regular readers will know, MoneyWeek has been worried about the UK housing market for some time. So far, our fears have been unfounded. House prices - after a brief hiatus in 2005 - have continued to soar beyond even the most optimistic commentator's predictions. But despite all that, we can't just relax and join the party. And this year - for a change - it seems we're not the only ones who are starting to believe that this can't go on forever...' John Stepek looks at how the Bank of England's latest rate rise is already starting to affect homeowners - and why there's trouble ahead for buy-to-let investors.