Want to know why we’re in this mess? Here is a fantastic video by positivemoney.org which explains the relationship between banks and house prices. It’s no wonder only buy to let investors are the only ones that can afford them. Visit their site after the break for more information!
“Why are house prices so high? Why is it so expensive for us to own a home? Why was there a housing bubble? Why was there a housing crisis? In the ten years up to the start of the financial crisis, house prices rose by over 200%. Why?”