Originally posted by ChimpMaster
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Property really started to boom under Blair/Brown, following the changes Brown made to pensions. This resulted in many people losing trust in pensions and looking for alternative investments. Property was ideal and this started the boom in BTLs and hence the boom in property prices. With so many people reliant on property, and feeling affluent due to property values, no UK government can afford property prices to drop. Stagnate, maybe, but not drop.
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