Apparently, if we all vote for a Brexit house prices in the UK will fall by 18%, according to the Chancellor George Osborne, which is meant to be a reason to stay in the EU.
Clearly, Osborne has not bought a home recently in the most popular parts of the UK, because 18% is around the monthly price rise. But if the value of your home is not rising by 18%, and you are looking to get on the housing ladder, then an 18% drop is a good thing for the so-called Generation Rent. I am afraid debating the housing market in this country brings out the youthful Marxist in me. The state of the UK market remains, arguably, one of the greatest economic and social issues facing the country. During the recent London mayoral election, Labour's Sadiq Khan and Conservative...
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