Now It’s All About The (Borrowed) Money: Is It a Good Time to Buy Part 3
In case you missed it - part 1 is a high-level answer to the question “is now a good time to buy”? Plus a little taste of the economics of loss-aversion behind buyer behaviour.
Part 2 is an overview of property prices - turns out the key is waiting out the storm, and the longest its ever taken to return to a previous peak is 65 months, after a property price change of -11.4% from 1988 to 1991.
Part 3 - mortgage lending, the most critical piece of the puzzle for the past few years. And although the news is not great, there's always a silver lining.
Read part 3 now >>>