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Josh Ryan-Collins- Is the UK housing bubble about to burst?

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PEF Council member Josh Ryan Collins writing in the Guardian on 2.7.21

“… the UK requires a more aggressive, Biden-style public investment programme in good quality, well-paying public sector jobs in areas such as care and green infrastructure to raise incomes and make homes more affordable without requiring a crash in prices that could send the economy into a downward tailspin. Such a programme may also generate some inflationary pressure in the short-term. But in the long-term we need higher incomes, lower house prices and less household debt.”

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