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13 March 2007
Tuesday 13 March 2007 9:00-9:30 (Radio 4 FM)
Repeated: Tuesday 13 March 2007 21:30-21:58 (Radio 4 FM)
Evan Davis continues his exploration of Britain's housing. The spiralling price of property may make British home-owners feel richer, but has the boom of the last decade really made them money? Evan takes a hard look at house prices and asks why our homes cost so much, why house prices are so volatile and who really benefits from a rising market. He talks to former Chancellor Norman Lamont about the price of property, meets the experts who believe that high house prices threaten our economy and asks what went wrong the last time the market crashed.