How do we fix it? It’s a complicated question. Housing isn’t the same as Marmite (although I do swear I need it to live). Property should be recognised as a different kind of thing. It should be seen as a home first, not an asset. What should, however, be recognised is that house price inflation is inflation and reported as such. End of. Hopefully, it will be the kick they need to do something useful about it.
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