HSBC analysis gives a good half-dozen reasons why buying a house will not get easier for years – which is very bad news for most British youngsters
Anyone hoping for a property crash is going to be sorely disappointed. The main element of Rishi Sunak’s stamp duty giveaway may now be in the past and the Delta strain of the virus still ever-present, undermining consumer confidence, yet all the elements are in place for prices to continue moving up.
Without the market having much time to catch its breath, the 7% to 8% increases of the past year will only moderate as the mania for property as an investment marches onwards.