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 Oui - Mar 28 1 comment
by Oui - Apr 9
by Oui - Apr 12 4 comments
by Oui - Apr 8 22 comments
by Frank Schnittger - Mar 30 12 comments
by Oui - Apr 2
by Frank Schnittger - Apr 20
by Oui - Apr 171 comment
by Oui - Apr 17
by Cat - Apr 146 comments
by Cat - Apr 14
by Oui - Apr 124 comments
by Oui - Apr 10
by Oui - Apr 822 comments
by Cat - Apr 64 comments
by Oui - Apr 62 comments
by Oui - Apr 46 comments
by Oui - Apr 4
by Oui - Apr 3
by Oui - Apr 11 comment
by Oui - Mar 31
by Oui - Mar 304 comments
by Frank Schnittger - Mar 3012 comments
by Oui - Mar 293 comments