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Are UK house prices ever going to crash? We ask the expert
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The UK, and London especially, is home to Europe’s most expensive housing market after Monaco. For a generation of young people who have watched home ownership slip out of reach, the thought of prices going down significantly is inconceivable.
But in a period of inconceivables – a global pandemic, Christmas turkey shortages, Kanye West releasing his album when he said he would – could house prices be next?
I asked Professor Danny Dorling, social geographer at the University of Oxford.
Is it me or does everyone love saying they bought at the wrong time? We are British, no one is going to say: “I bought at exactly the right time and made an absolute fortune!”
Someone said that to me last week. They could be right. There’s a posh, narrow house
Read more on theguardian.comAbout this in other media
House prices hit record high as Halifax predicts cooling UK demand theguardian.com /2 years ago
Return of super-rich to central London fuels house price surge theguardian.com /2 years ago
Most UK Spacs are nowhere near big enough for the FCA fnlondon.com /2 years ago
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