The five facts hitting the housing market hardest in the last 7 days.
- There are more than a million empty homes in England. There is no housing shortage.
https://www.bbc.co.uk/news/articles/cy4w7z7v1ndo - JP Morgan CEO sees 2008 crash parallels looming as he sees “rival lenders doing dumb things” https://www.bloomberg.com/news/articles/2026-02-24/dimon-sees-parallel-to-pre-crisis-era-as-rivals-do-dumb-things
- John Lewis abandons Build to Rent venture citing costs with zero built https://www.cityam.com/john-lewis-blames-high-costs-as-it-axes-affordable-homes-venture/
- Mansion Tax distorts the market before it’s even launched. https://www.ft.com/content/6e44a7e8-0ceb-4c03-8efb-5245a153cb65
- Zoopla reports 8% drop in buyer demand, while homes for sale jump 6% and are expected to keep rising. It’s becoming more and more of a buyer’s market https://www.zoopla.co.uk/discover/property-news/house-price-index/
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