House prices are teetering on the brink of a crash that
could be as bad as the bust of the early 1990s, a leading expert has warned.
There are already warning signs that prices are heading towards a near 40 per
cent plunge, warns Paul Cheshire, Professor of Economic Geography at the London
School of Economics. It raises the alarming spectre of the return of ‘negative
equity’ – when a house falls so far in value it is worth less than the mortgage
– which hit one million people at the worst point in the 1990s. Read more on
the Daily Mail website.
Don’t cut London’s affordable housing quotas, Labour MPs urge ministers and
mayor
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Exclusive: Housing secretary and capital’s mayor face calls from within
party for rethink on homebuilding plans
Labour MPs are urging ministers and the L...
3 hours ago
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