The Catch-22 of the UK Recession

Buying a house in the UK is almost impossible for many people. But house prices could fall by 10 per cent over the next 2 years. Is that a good thing? Peter Apps is the deputy editor of Inside Housing magazine, he joins Hannah Fearn in The Bunker.

• “There’s so much demand in the UK and there’s such a shortage of houses.” – Peter Apps.
• “It’s very difficult to predict where we’re going to be for the next couple of years.” – Peter Apps.
• “If people start losing money on Help to Buy deals, the government immediately starts to take notice. Private renters are basically on their own.” – Peter Apps
• “Private landlords aren’t asking themselves difficult questions about what people can actually afford.” – Peter Apps.

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Written and presented by Hannah Fearn. Producer: Chris Jones. Audio production: Alex Rees. Group Editor: Andrew Harrison. Managing Editor: Jacob Jarvis. Music by Kenny Dickinson THE BUNKER is a Podmasters Production

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