The UK has one of the most persistently volatile housing markets. We must avoid reckless lending and ensure an adequate supply of housing

Hughes, N. (2012). The UK has one of the most persistently volatile housing markets. We must avoid reckless lending and ensure an adequate supply of housing.
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Reckless mortgage lending drove up house prices in the UK, leading to an asset bubble that eventually burst. Nicola Hughes argues that we need a more stable and sustainable mortgage market, as well as an increase in the number of homes.

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