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 Crazy Horse - Sep 29 19 comments
by DoDo - Sep 30 3 comments
by Frank Schnittger - Sep 29 17 comments
by Frank Schnittger - Sep 27 4 comments
by afew - Sep 22 10 comments
by Cyrille - Sep 24 130 comments
by Migeru - Sep 21 33 comments
by Frank Schnittger - Sep 19 27 comments
by DoDo - Sep 303 comments
by Crazy Horse - Sep 2919 comments
by Frank Schnittger - Sep 2917 comments
by Frank Schnittger - Sep 274 comments
by Cyrille - Sep 24130 comments
by afew - Sep 2210 comments
by Migeru - Sep 2133 comments
by Frank Schnittger - Sep 1927 comments
by Democrats Ramshield - Sep 18
by A swedish kind of death - Sep 1529 comments
by ChrisCook - Sep 1455 comments
by Frank Schnittger - Sep 11129 comments
by Luis de Sousa - Sep 969 comments
by Crazy Horse - Sep 610 comments
by Migeru - Sep 438 comments
by Metatone - Aug 305 comments