Wednesday, November 6, 2013
We can look forward to a lot of smug headlines
Estate agent Savills argue that sustained price rises in the South East are locked in for the next five years at a rate even greater than in London. I presume that this prediction is based upon continuing low interest rates. HTB also gets a mention: "Help to Buy will allow some trapped renters to access home ownership even though the costs of home ownership will exceed those of renting," said Cook, but he said the majority of beneficiaries were likely to those who already own a home, rather than first-time buyers.