Karl Deeter: What have we done?

Those who say we can’t give away land miss the point: we’re punishing all of society for bad management

My article of two weeks ago on my conviction that we will face a housing crash in the 2020s gained a lot of traction. It even ended up with other publications running polls to see who thought it was likely. An overwhelming majority think it is.

What have we done to prevent a crash? The famous line by Michael Noonan (paraphrasing) that there will be no more ‘boom bust’ is a famous one ...