How to keep house prices low for generations to come

How to keep house prices low for generations to come
 

Imagine a world in which the price of housing stopped rising as predictably as a hydrogen-filled balloon.
And imagine a country in which houses would be just as affordable in 10 years' time as they were 10 years ago.
There would be no race to buy a home, no fear that prices would accelerate faster than you can save up for the deposit.
Houses would cease to be a means of profit, and instead become just a place to live.
But this is no John Lennon-inspired fantasy.
It is about to come to fruition in the East End of London, in an extraordinary experiment.
For the first time, future property... read more

 
18 November 2016 in Business, Views: 44
Source: BBC
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