Crisis? What crisis?

Apr 10, 2018 | Housing market

An independent (financial adviser’s) view

Every week, around every town, I see yet another ‘Land acquired for a stylish development of 2, 3 and 4 bedroom homes’ sign. I’ve asked before (which won’t stop me asking again), who the heck is going to buy them all? Not the homeless, not first-time buyers (most of whom can’t afford a shoebox); and they can’t all be buy-to-lets. Despite the supposed Great Housing Shortage, supply must soon exceed demand. Which could be a still-bigger problem.