We are on a perilous road to the new normal – but at least it’s exciting
Yesterday I went to an excellent conference organised by the Council of Mortgage Lenders. I know it was good because I came away with a headache and a slightly befuddled mind, but invigorated nevertheless. What made it more interesting was that on the train into London I read Martin Wolf’s column in the Financial Times, which in retrospect provided a fitting overture to the day, despite the link in subject matter being a bit distant from the UK housing market. His…