Unfortunately, I sense property prices may be on their (silent and sneaky) march upwards despite media reporting to the contrary.

The real issue I have with inflated house prices is that it’s makes everyone’s lives difficult and apart from the issues faced with aspiring first home buyers. It also presents  issues elswhere including

• For existing homeowners who may want to move to another property more suited to their current living arrangement. Bridging finance, fees based off a percentage of the value of the property.
• Takes money away from the productive economy.

Unfortunately, I can’t see this changing anytime soon. There’s still too much money flowing around that is looking for a home (pun not intended) to go to not helped by increasing cost of compliance red tape surrounding Health and Safety, Anti Money Laundering and increasing provision to guard gainst all manner of increasing exposure to liablity events (everyone is mobilizing to arse cover).