Friday 22 September 2017

A proper economy cannot function while carrying a housing crisis every two decades

Couples hoping to make it on to the property ladder have seen prices surge. Stock photo
Couples hoping to make it on to the property ladder have seen prices surge. Stock photo
John Downing

John Downing

Everyone knows someone suffering the effects of a dysfunctional housing market.

There is the renewed rising cost of new homes reflected in surveys at the weekend, bringing that sinking feeling that we are heading back to boom and bust.

There are historically high rents which we're told cannot really be controlled.

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