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Supplement 08 Sep 24 - The REAL housing problem
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This week in the ONLY agenda-free UK Property and Macroeconomic roundup:
Real-time market performance and insights
The follow up on the REAL housing situation - looking backwards, and in real time
Halifax's house prices as they accept defeat in their bearish predictions, as quietly as possible
The PMIs for August - good news overall
The BBA rate - reversion, and the lowest print for a while (which is still one that takes the breath - and the profit - away)
A solid week for the gilts - for the borrowers…..
And then......
Following on from last week, a deeper dive into the source data for housing in England, the real number of rental units in the private sector, and where the TRUE root cause of the problem lies - not just in the PRS, but in English housing in general.
What you know at the end is - even if there is to be a fix to the mix of problems, we will be Keeping Calm and Carrying On - Don’t fear Kier
Enjoy
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