Quote of the Day | 0320
Rather like pyramid-selling scams, housing markets need a constant stream of fresh-faced hopefuls coming in at the bottom in order to keep delivering big returns at the top. No new buyers equals no more sellers’ market, equals no pressing reason all of a sudden to pay half a million for a four-bedroom modern box in Worcester or a one-bedroom flat in much of London – and what then?
Britain’s obsession with ownership has turned housing into a pyramid scheme
[x]#11761 fan vrijdag 20 maart 2015 @ 01:00:00
