Housing frenzies are nothing new in the UK, but even by the standards of this property-obsessed nation, the last two years have been particularly intense. Katie Herbert is trying to buy a family home in Maidenhead, Berkshire, and has found herself out-bid at every turn. “The market is mad here,” she says. “One estate agent…
Nearly 15 years after a burst housing bubble tipped the world into the worst financial crisis for a century, booming property markets are triggering an uncomfortable sense of déjà vu. From New Zealand to South Korea, prices are soaring. An Auckland fixer-upper, which couldn’t even boast its own toilet, changed hands for more than NZ$2m…
A permanent shift to working from home is set to slash office demand, push up house prices for years to come and even bring an end to the flagship retail store, experts have said. Demand for office space will fall by around one-fifth, according to analysts at Barclays, as the majority of bosses plan to make…
