Interesting Q&A with MPC member Kate Barker over at the Spectator on why the housing market and the economy hit the skids.
Barker, who did a review of housing supply for the government, makes some pretty strong statements, among them that the target for housebuilding may now be defunct due to demographic changes and that the [...]

Oh lordy, it’s all beginning to sound a bit medieval. Numis Securities, a City investment bank, have been making like Nostradamus as far as the housing market goes.
Lo, they say unto us, a veritable plague cometh and there will be much wailing, gnashing of teeth, and a really big fire sale in the buy-to-let sector.
The [...]

Last week I asked whether it was time to start buying again. Among those who responded 65 per cent said no, the market has further to fall and 35 per cent said yes, we’re over the worst.
My own view is this: the market does have further to fall, but yes, we are over the worst [...]

Two recent headlines, published within a day of one another.
•    House prices to ‘plunge a third by 2010′ – This is Money.
•    House prices ‘up by 25 per cent by 2013′ – The Guardian.
The first is based on a report from Roger Bootle of Capital Economics. The second is based on a report produced for [...]