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Growth Summit 2023: Chief Economists Briefing

World Economic Forum

00:00

The Housing Crunch: The Straw That Breaks the Camel's Back

London house prices have underperformed the rest of the country for three years. This has not happened in history, at least not since the bubonic plague. We've now got real shifts going on, and I think it's tricky. The trust debacle really shocked people with the housing market implications. Our mortgage rates have then calmed back down again.

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