The European Tribune is a forum for thoughtful dialogue of European and international issues. You are invited to post comments and your own articles.
Please REGISTER to post.
Looks like the bubble did deflate, got stabilised and is deflating again.
Economics is politics by other means
Express.co.uk - Home of the Daily and Sunday Express | UK News :: 2015 housing recovery predicted
Improvements to the major banks' balance sheets should lead to them loosening their strict lending criteria, enabling more people to buy a home.The previous upturn in the housing market was caused by a mismatch between supply and demand, but the recovery petered out as economic uncertainty caused potential buyers to sit on their hands, while those who wanted to press ahead with a purchase continued to face problems raising the mortgage finance they needed.But CEBR said with just 130,000 new homes built in 2010, around half the level needed to keep pace with the growing number of households, prices should increase by 16% between 2011 and 2015, the equivalent of a gain of around 4% a year.The recovery will be more marked in London, with demand from international buyers, as the pound remains weak, set to push up the cost of housing in the capital by around 2% a year more than across the UK as a whole.
by afew - Jan 25 16 comments
by melo - Jan 23 4 comments
by gmoke - Jan 15 5 comments
by DoDo - Jan 20 4 comments
by Frank Schnittger - Jan 16 104 comments
by ChrisCook - Jan 1 66 comments
by afew - Jan 5 44 comments
by rifek - Jan 5 9 comments
by afew - Jan 2516 comments
by melo - Jan 234 comments
by DoDo - Jan 204 comments
by Frank Schnittger - Jan 16104 comments
by gmoke - Jan 155 comments
by afew - Jan 544 comments
by rifek - Jan 59 comments
by DoDo - Jan 25 comments
by ChrisCook - Jan 166 comments
by melo - Dec 316 comments
by Metatone - Dec 3129 comments
by rz - Dec 2956 comments