As is the case in the U.S., lots of people are starting to talk about a possible housing bubble in the U.K., the latest examples being today’s collection of housing stories at the Telegraph:
☻ Barclays chief warns of housing bubble ☻ Barratt says housing recovery is widespread as price of new homes rises 8pc ☻ Strong jobs market helped by rising house prices
The following charts come from the first and third stories:
All this good news is due, in part, to the British government’s “Help to Buy” program that provides assistance to home buyers who are unable to afford large down payments.
What could go wrong?
