Quote:
Originally Posted by grivas
The housing market is propping up our broken economy, after all a seemingly buoyant housing market gives the impression of a buoyant economy, the classic pulling of wool over the public's eyes, that is the reason we are where we are.
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I think you have answered your own question here.The government is squarely to blame for the housing stampede and have actively fueled it by almost zero interest rates and the stamp duty holidays.This has had a knock on in the rental sector which is also reflecting the sky high prices of the sales market.Lets hope it doesn't all end in tears for those buyers who have paid over the odd's!