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by Cymrukicks 1345 days ago
I just don't see it happening, The UK housing market has all the coming issues which have been spoken about but no single politician came out and said the truth. One of the biggest issues people are going to suffer with their mortgages is house prices are insanely high. During the pandemic they went up nationally around 17% thats a bubble you're going to lose when the bubble bursts. If no one is willing to tell people the truth then I don't see how they can stabilise properly.
1 comments

That's the exact reason why the housing bubble will never pop: the government will prop up the entire industry before having its voters lose money in their housing gambles.

The BoE spent billions to support pension funds that made risky and ridiculous bets on bond markets, so there's no reason to not be as leveraged as you can in those areas.