2 ms·
If UK properties double again twice in the next 20 years then there's either going to be massive inflation or massive civil unrest.
by dasil003 12y ago
If UK properties double again twice in the next 20 years then there's either going to be massive inflation or massive civil unrest.
- rb12345 12y agoBased on the author's "About Me" page, I suspect the article has a slight London-centric bias on this point. Quadrupling in 20 years (~doubling in real terms?) seems unlikely even for London's atypical market though. Elsewhere, things are slightly better. Inflation does seem to have improved the prices a bit already, but real wages have dropped too, so they're still not that affordable. I can't say it's looking good for the author right now...