Golding adds: «Even as analysts worry about the strength of the global economic recovery, there are concerns that the record low interest rate environment is fuelling new housing bubbles». (nealepetersen.com)
Two weeks ago, we posted a blog which explained that current increases in home prices were the result of the well - known concept of supply & demand and should not lead to conversations of a new housing bubble. (simplifyingthemarket.com)
Osborne realised the damage being done so the cutting was eased in 2012 and the economy started to grow, helped by a new housing bubble created with special lending incentives such as Help to Buy. (newlawjournal.co.uk)