This is Money Podcast
Is this finally it? Have house prices peaked? Dare we mention that word, crash?
12 May 2017
The property data is out and it’s not looking good. House prices fell for the first time in five years. Homes are going for less than asking prices. Yet in some areas you need 17 times your salary to buy a place. Where’s it all going to end? Perhaps moving into tiny mobile sheds on trailers or a boat is the only answer. Or will prices start to tumble? Simon Lambert takes one of his legendary forensic looks behind the figures, joined by Rich Browning and Georgie Frost for a fun debate into the doomsday scenarios. Also on the show… Democracy only survives with a strong opposition. It seems Ed Miliband, former Labour leader, was stronger than his message on the tablet suggested. His idea to cap energy prices has now been adopted by the would-be next Tory government. Is this plan put forward by Theresa May really any different? Or is ‘Marxist meddling’ in the markets by the Conservatives really happening? Strange times. Enjoy.
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