| Comment | It's completely sustainable if the demand is there (which it will be as long as there are jobs and universities) and nobody is building any significant volume of new flats (they're not).
A crash would be if the housing market was a bubble being sustained by people buying property as investments (as in London); that's not the case here, people are buying either to live in or to rent out to others to live in.
The market will only crash if people stop wanting to live in Glasgow (which may happen if remote working becomes the norm) or if the economy generally crashes and properties foreclose / fewer people can borrow. |
|---|