Consumers have reacted with understandable caution as the country’s nightmare of a government presses ahead with its plans to drive us all off a cliff, so how come the housing market is in the midst of a mini-boom?
Britons have become wary of indulging in big ticket purchases with Brexit looming, cars being an obvious example. Earlier this month the Society of Motor Manufacturers & Traders reported a 4.1 per cent fall in new registrations, the fifth consecutive monthly decline.
It isn’t hard to see why: landing oneself with a substantial financial commitment at a time when there’s a disturbingly high risk of the roof falling in is a very bad idea.
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