Posts tagged "bubble"

Joe Sarling
Joe Sarling

By Joe Sarling

Talking about bubbles misses the point

Not a day goes by without someone, somewhere, making their case for why we are in a new house price bubble – and someone else insisting that we’re not.

The argument about what actually constitutes a bubble is both pointless and annoying, as it is completely detached from people’s lives and experiences. But even worse is the constant comparison of today’s house prices to ‘the peak’. The ‘bubble-believers’ point to house price indices to show that house prices today are … MORE...