Back to the future as it’s 2006 all over again

Back to the future as it’s 2006 all over again

With rent and skilled labour costs on the up, the housing bubble still refuses to burst. But for how much longer?

It’s 2019, yet we find ourselves back in 2006. That year, we had a housing bubble set to burst. Now we are at a similar point and the market shows no immediate signs of turning.

How are we back in 2006, exactly? The first indicator is rental prices which are now beyond their previous peak. That was one of the most frustrating things that happened again out of the little book of “things that will never...

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