Why bad news on the house price slump is really good news - and why it won’t be a slump

The news that house prices have fallen by 2.5% in March was greeted almost equally with doom-laded headlines and the almost gleefully gloomy prognostications of commentators elbowing themselves onto the airwaves. Our obsession with house prices is, though, one of the root causes of our structural economic weakness.
First, the good news: house prices in the [...]