imatigerrr

The UK housing bubble is one of the worst housing bubbles in the world. But its not linked to a positive economy overheating, but to a fake economy divided. This is, especially so as affordability with falling incomes, rising costs of living, falling disposable income of poorer to middle-income brackets and of a new underclass of the poorest, offset by massively rising incomes of the richest, a serious lack of house building over decades and an increasing population, an economy fuelled on debt and on accelerating the housing bubble, pumping it up further, especially in cities that are dislocated from the country as a whole such as London and the South East region, over-represented by wealth and lack of space to accommodate overheated business in the region and an acute lack of housing, with vastly over-inflated house prices and rents, offset by declining economies away from that region.

These contrasts…

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