House prices in the UK are up by 10% year on year, with similar rises in much of the western world. What has caused this runaway growth in prices? And what could cause it to reverse?
We look to interest rates, supply constraints, government policy and wage growth for the answer. Could the market be in for a fall or is it poised just to keep on rising?
In the Dumb Question of the Week, we ask: Why does infinite money printing not inevitably lead to high inflation?