Property prices and the art of wishful thinking

The global economy is in a spiral of uncertainty. Nobody knows what will happen next, not really, though many might pretend to.

Despite the concerns, at least the dogged UK homeowner remains optimistic about the future of property prices. This property price confidence is what gives a foundation to peoples existence. It encourages them to get on with their life, do things, buy more stuff, and keep the British economy turning over. Without this confidence, the UK economic house of cards will fold in on itself. So please nobody bang the table.

Thankfully, for now all is well, people seem happy. 

Zoopla's latest confidence survey reports that on average, UK homeowners predict a 7% rise in values during the first six months of 2015. 

Let's hope they're not left disappointed.

Read more on Zoopla's latest homeowner confidence survey

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