King Capital: In the midst of global turmoil, the UK government may intervene to boost housing demand.
Anthony Codling and Oliver Dyson, analysts at King Capital Markets, stated in a report that the spring sales season in the UK real estate market seems to have started, but it may only be a short-lived trend. These analysts mentioned that the outlook for mortgage rates is not as favorable as it was a few weeks ago, as homebuyers are starting to feel the pressure of rising oil prices. They suggested that if the number of new homes being built decreases, the government may intervene by introducing a housing demand stimulation plan to affect supply. These analysts said, "With increasing geopolitical uncertainties, the possibility of the government stepping in to help potential homebuyers is also increasing."
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