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Pob
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Comments by "Pob" (@goodlookinouthomie1757) on "Housing market: prices homeowners can ask for are now falling quite SHARPLY' warns Liam Halligan" video.
They do build but it's not close to enough. It's around 50k new builds per year last I checked. Immigration alone outstrips that supply by at least 10x.
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@jamesandrew1750 you can see his point when for decades it's been the expectation that you buy a house, stick a conservatory on it and sell it for £50k more a couple years later. Or live in it until you retire, at which point it's trebled or quadrupled in value. Perhaps now as predicted for a long time that bubble has burst. I'm a homeowner and I did my fair share of flipping years ago but now fortunately I own a house which is purely my home and not an investment
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