Debate Magazine

Well I Never!

Posted on the 02 May 2022 by Markwadsworth @Mark_Wadsworth

UK house price growth slows as cost of living crisis starts to hit market says the Grauniad, then, in a rare burst of realism, follows on later with:
“Let’s be honest, growth slowing from 14 to 12% is still an insane rate of growth,” said Rhys Schofield, managing director at Peak Mortgages and Protection. “What we may see is some of the lunacy around house price rises ease off.”
followed by
In March, Nationwide said that UK house prices were growing at their fastest rate since 2004, when the UK experienced a housing boom that preceded the financial crisis.
Exactly eighteen years ago, funny that.


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