The Budget

but growth is o.k. if it's real growth. when people say "i made £xxxx's on my house" i ask them where does that profit come from? and how much more would you have to pay to move to a similar or larger house?
some people just don't get that the rampant house price inflation that has had the full support of the government is just an increase of debt. it's fictitious growth subsidised by borrowing.

Finite land + more people = more demand for housing = house price growth.

Since most people want to live in the city, city properties are expensive and rise as more and more people move to cities.

The growth isn't fictitious.