House prices continue to rise because it's how we print money. Govts want "growth" when this simply means printing more. So they let banks take more of our labo

House prices continue to rise because it's how we print money. Govts want "growth" when this simply means printing more. So they let banks take more of our labour for the same pile of bricks and then tell us things are improving. Of course we can't include house prices in inflation fully because that would short-circuit the soft default.