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UK house prices are likely to continue to decline for some time. However, planning regulations should not impede the urgent expansion of housing supply

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image for OpenScout resource :: UK house prices are likely to continue to decline for some time. However, planning regulations should not impede the urgent expansion of housing supply

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The recent housing boom was unprecedented in magnitude and duration. According to Philippe Bracke, the current downward trend of prices is likely to continue. Housing cycles are a normal feature of advanced economies, but policymakers should aim at making these cycles less pronounced. This is particularly relevant for the UK, where house price volatility is substantial.

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en

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application/pdf

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http://eprints.lse.ac.uk/39373/1/blogs.lse.ac.uk-UK_house_prices_are_likely_to_continue_to_decline_for_some_time_However_planning_regulations_should_n.pdf

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