Shelter want to know….rising house prices – good or bad?

Over the long term – even allowing for the occasional “wobble” – house prices have run well ahead of inflation for decades. Rising house prices has been seen as an economic  feel-good factor, socially divisive (the asset-rich and the asset-poor), and as a substitute for state benefits covering pensions and care in old age. Is real house price growth really helpful to most people, or would a house price crash benefit most households?

We have been commissioned by Shelter to investigate. The work involves a  modelling study, looking at the likely effect of a range of house price inflation scenarios on different households. We expect to report in April.

Published: Tuesday, February 28th, 2012, 3:06 pm | Posted in: News
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