Government efforts to support the housing market, particularly through the FLS, appear to be bearing fruit. But the fact remains that house prices are still very high in comparison to earnings, and these interventions are just delaying the necessary correction to prices.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services