The frenzy to speculate on the housing market or own multiple homes has a dangerous downside
On the very day we were warned by the Financial Services Authority that Britain may have its own sub-prime problem, Channel 4 announced that it would commission 55 more episodes of its property show A Place in the Sun. So viewers will still get their fix of this most aspirational of property programmes where people, often including young couples who feel they can’t get a foot on the UK property ladder, are encouraged to follow their dreams.
Full article: http://www.theguardian.com/commentisfree/2008/feb/04/comment.housingmarket