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Britain's obsession with house prices…

Britain's obsession with house prices…

With all the latest screaming press headlines about falling UK house prices, you’d think that the sky had fallen and we were all doomed. Which we all are, but that’s more due to global warming – or is snow in April a usual thing?

Maybe that’ll stop the annoying quirk whereby for the last three years, the conversational ice-breaker at parties I’ve gone to has been moaning about house prices. Which gives you some idea of the kind of parties I’m going to at my age. 🙁 but on the bright side, at least it’s not about the bleedin’ weather.

Sure, maybe falling house prices mean people are being scared and panicing about the economy, but surely falling house prices are generally a cool thing? Obviously it’s good for people at the lower rungs of the housing market, those trying to get on and those who actually want a roof over their head.

For greedy capitalists who were hoping to make a lot of money, it’s bad news. But since they were part of the problem to begin with, I’m not particularly sympathetic.

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