Yesterday evening I traveled up to Cambridge to speak to the Marshall Society about housing market bubbles.
I spoke about why the Government's Help-to-Buy scheme has been driving up house prices in the UK, the entry of institutional investors into the US housing market and the re-emergence of securitisation as a result, the overhang of empty properties in China, and the overvaluation of housing in Brazil.
Thank you to the committee of the Marshall Society, who joined me in the picture on the left, for inviting me to Cambridge, and the audience for their attention and many interesting questions.
You can read a transcript of the talk here. The event was videoed so I'll update this post with the video as and when it becomes available.
EDIT - I've embedded the video of the event below
I spoke about why the Government's Help-to-Buy scheme has been driving up house prices in the UK, the entry of institutional investors into the US housing market and the re-emergence of securitisation as a result, the overhang of empty properties in China, and the overvaluation of housing in Brazil.
Thank you to the committee of the Marshall Society, who joined me in the picture on the left, for inviting me to Cambridge, and the audience for their attention and many interesting questions.
You can read a transcript of the talk here. The event was videoed so I'll update this post with the video as and when it becomes available.
EDIT - I've embedded the video of the event below