Abodes well? The housing crash that wasn’t
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Much to the chagrin of hopeful first-time buyers, <a href="https://www.economist.com/finance-and-economics/2023/06/12/is-the-global-housing-slump-over?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_ ...
Last week the Bank of England put up interest rates to 5 per cent - a move that has already meant increased mortgage payments for many. So could this lead to a crash in the housing market? What can the government do to alleviate the pain for homeowners - and is inflation here ...