UK borrowers who levered up on debt to get up on that housing ladder are about to experience severe rectal trauma as Housing Bubble 2.0 is bursting worldwide
"Coming Back To Earth": UK House Prices Book First Annual Drop Since 2012 https://t.co/IFHbSaM10x — zerohedge (@zerohedge) June 8, 2023 UK house prices recorded their first annual contraction in May, attributed to affordability crisis. Lender Halifax published a new report showing UK house prices recorded their first annual contraction in May in over a decade. The decline …