Music’s still playing for Britain’s manic housing market
British buyers know their government will do almost anything to prevent house prices collapsing, writes Chris Bryant
What will it take to halt the British housing market? Maybe not the Brexit vote.
British builder Persimmon became the latest to challenge the “Brexit is bearish for building” thesis last Tuesday when it said home reservation rates were 17 per cent higher since July 1 compared to the same period a year ago. Customer site visits are buoyant too.
To outsiders, this property obsession seems a kind of collective madness.
Yes, British ...
