scott33
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How can house prices go down when population is going up?
scott33 replied to CT Wac's topic in General ED Issues / Gossip
There seems to be this myth constantly spouted that there is a lack of housing in the UK, there's not, at all. What there is a serious lack of is AFFORDABLE housing...when prices get too high (which they very much still are) it blocks off first-time buyers, therefore denying the market of that capital injection it is used to. Prices need to come down to oil the wheels of the very rusty housing market.