Category Housing

The UK Housing Market is a metaphor for confidence in the UK economy – and its looking wobbly

The UK housing market is at its’ highest income multiple since the 1850s, at a time when real incomes have flatlined for 2 decades, and mortgage borrowers are levered higher than ever – its set for a wobble, sustained only by supply shortages. If it crashes.. all bets on the UK will need re-examined.