Economy must do well for house prices to rise, right? I do wonder sometimes…

It’s clear that the UK economy while it’s still growing is not as strong as it seems. However, we need to also know if the supply of housing has been able to keep pace with demands. This, coupled with the fact that sometimes, for some areas we love, we will quickly move in when we realized prices are moving upwards. This is despite the fact that we could have considered some other less popular places which could actually be cheaper! Yeap, this is why home prices are always driven by emotions, especially the Fear of Missing Out (FOMO) which could also happen too.