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 gmoke - Sep 19 1 comment
by Frank Schnittger - Sep 10 5 comments
by ARGeezer - Sep 7 35 comments
by Frank Schnittger - Sep 2 57 comments
by Frank Schnittger - Aug 27 57 comments
by gmoke - Sep 191 comment
by Cat - Sep 145 comments
by Frank Schnittger - Sep 105 comments
by ARGeezer - Sep 735 comments
by Frank Schnittger - Sep 257 comments
by THE Twank - Aug 3110 comments
by Frank Schnittger - Aug 2757 comments
by Cat - Aug 2222 comments
by Cat - Aug 2224 comments
by Luis de Sousa - Aug 2138 comments
by Frank Schnittger - Aug 186 comments
by Cat - Aug 185 comments