Zeer lezenswaardig stuk van de editor in chief van MoneyWeek over historisch hoge huizenprijzen en de onzin van het verder omhoog stimuleren daarvan middels de Engelse equivalenten van NHG en startersleningen.
You can argue that house prices are fair, in that mortgage payments as a percentage of average incomes aren’t out of line with historical norms. This is entirely true. But it is also an argument devoid of common sense, for the simple reason that interest rates (and hence mortgage rates) are out of line with historical norms.
Bron: the spectator