One hundred thousand pounds? Two hundred? Three hundred? Like an auction running out of control, the...
One hundred thousand pounds? Two hundred? Three hundred? Like an auction running out of control, the price of an average British house just keeps rising. Fuelled by cheap borrowing, lots of jobs, and a rising population, the British property market has been on a bull run that is now well into its second decade. Yet the rise cannot be infinite. At some point the UK real estate boom will inevitably come to an end because houses are becoming unaffordable. Like the German football team, the British housing market continually defies its sceptics. After a brief pause, home prices have now resu...
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