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The Housing Market
Recent headlines have been filled with dire stories of a housing crash in the US. Indeed, falling American house prices have been a major contributory factor in the sub-prime crisis currently engulfing the financial markets. This week on Trading Post we consider what impact the current climate is having on the British housing market and the economy.
To discuss these issues, Matthew Lynn is joined this week by David Stubbs, Senior Economist at the Royal Institution of Chartered Surveyors and Professor of Real Estate Economics at CASS Business School, Tony Key.