After already passing far into the realm of unaffordability quite some time ago this news doesn’t mean much, especially since ‘slower’ growth is still faster than wage growth.
Why would people be relieved that prices are still increasing?
“Soft Landing” incoming.
Feels like shits about to hit the fan. I think we are about to find out if supply really does have a meaningful effect on house prices. Either central banks step in again and prop up markets or things fall off a cliff. RIP pensions
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After already passing far into the realm of unaffordability quite some time ago this news doesn’t mean much, especially since ‘slower’ growth is still faster than wage growth.
Why would people be relieved that prices are still increasing?
“Soft Landing” incoming.
Feels like shits about to hit the fan. I think we are about to find out if supply really does have a meaningful effect on house prices. Either central banks step in again and prop up markets or things fall off a cliff. RIP pensions