Are house prices about to plummet?
The News Agents
00:00
The Broken and Busted Housing Market
We've grown up in a culture where you have been encouraged to put your savings into buying a house as soon as you can. But the idea of cash just sitting in bricks and mortar, not being invested, is actually a fairly lazy way to acquire wealth. It's partly the result of the very low interest rates that we've had and the distortion that that's created. If there were to be a crash or a significant correction, it would have all sorts of consequences for the individual homeowner,. but for the economy overall as well.
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