how they are swallowing city centres like Manchester one block of flats at a time
- Written by Adam Leaver, Professor of Accounting & Society, University of Sheffield
The housing prospects for young people in the UK were completely changed by the global financial crisis of 2007-09. While the government largely succeeded in rescuing the banks and the housing market, it created an environment where house prices remained high and mortgages were only available to those who could afford hefty deposits. As a result,...