Britains's property boom could be over for good, the housing minister said last night – as experts warned prices could fall by 6% this year.
Grant Shapps said homeowners should no longer rely on their houses to fund their retirement.
He said ministers were hoping to engineer an era of 'house price stability' in which property values would gradually be eroded by rising earnings.
Read the full story by clicking this link Minister: I’ll stop housing boom for good
Grant Shapps said homeowners should no longer rely on their houses to fund their retirement.
He said ministers were hoping to engineer an era of 'house price stability' in which property values would gradually be eroded by rising earnings.
Read the full story by clicking this link Minister: I’ll stop housing boom for good
