US housing

Another bit of crossover, but I thought some readers might be interested in this piece on the US housing market. It’s still a long way off normal. The one saving grace in the UK is that there isn’t the overhang of supply. Nonetheless, it’s going to take a decade for the UK market to “normalise” and house prices are likely to decline for some time to come.

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One thought on “US housing”

  1. Cheers Robin, I love these little economics tidbits. It’s one of those subjects that doesn’t immediately fill me with joy and passion, but once you get into the nitty gritty you appreciate how much all of this affects our lives. A fact which suddenly makes it very interesting indeed!

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