Concerns of possible house price bubble

The video discusses the booming property market in London, highlighting concerns about a potential housing bubble. It provides evidence of rising property prices, both in London and nationally, and examines regional differences. The impact of government schemes like Help to Buy is also discussed, along with strategies for market normalization. The video concludes with a discussion on the challenges of entering the property market.

What is the main concern of the business secretary regarding London's property market?

• The lack of suitable houses

• The increase in interest rates

• The rapid growth of a housing bubble

• The decrease in property prices

How did the housing market change after the 2007 financial crisis?

• Prices increased by 8.4%

• Prices plummeted by 17%

• Prices remained stable

• Prices continued to rise steadily

Which UK city experienced the highest property value increase?

• Birmingham

• Brighton

• Manchester

• London

What is the purpose of the government's help-to-buy mortgage scheme?

• To stabilize the housing market

• To boost the number of first-time buyers

• To decrease property prices

• To increase interest rates

What do most people prefer when buying a house, according to the transcript?

• A house with no interest rate

• A cheaper house with a slightly higher interest rate

• A house with a fixed interest rate

• An expensive house with a low interest rate