"What a strange place the UK is – when the most important thing Britons spend money on becomes even less affordable, it’s received as good news. Because that is what “confidence returns to the housing market” really means. Young people will have to wait even longer to get any house at all, never mind a decent house with a bit of garden. Yet further house price inflation is always sold as good economic news. When it comes to houses and planning this is just one manifestation of the disconnect between reality and perception."

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