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✉news BusinessReal Estate first seen 2 d ago, last 8 h ago, peak #4

Property market described as a Ponzi scheme

Original: The property market has become a Ponzi scheme

A commentary in The Spectator argues that the property market has effectively turned into a Ponzi scheme, implying that prices now depend on new buyers entering at ever-higher levels rather than underlying value. The piece reflects wider anxiety over unaffordable housing and whether current property prices can be sustained.

Why now: Ongoing concerns about housing affordability and the sustainability of high property prices are driving debate over whether the market is fundamentally sound.

The Spectatorproperty market

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