Soaring house prices and cheap credit are creating the wrong sort of growth
alphanewsstream
2021-05-02 06:15
Soaring house prices and cheap credit are creating the wrong sort of growth
A familiar UK recovery led by a property boom and debt-fuelled consumption does not qualify as building back betterThe average house price, according to the Nationwide building society, rose by 6,000 in April, or 200 a day. In the course of the month, the cost of property increased by 2.1% the ...

https://www.theguardian.com/business/2021/may/02/soaring-house-prices-and-cheap-credit-are-creating-the-wrong-sort-of-growth

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