"Also I think the qualiy of our buildings is poor and the demand for expensive tradesmen to maintain property out of reach for many mortgage holders "
agree...
This is one example of how property price inflation feeds into the system.
Imagine also the example of a surgeon newly graduated in the next 5 years, cant afford to live close to his/her place of work, servicing the needs of baby boomers whose only skill was being born earlier and investing in property? what are they going to do? they are going to charge exorbitant fees and so they should!
