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Debate House Prices

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Debate House Prices & the Economy

£1000 of Free House Price Information Each (merged)
You may like to know the price at which a house has been sold within the last nine years. e.g. Any house in your road. e.g. Any house near to one you hope to buy. e.g. How much a friend, relative or neighbour paid for their house. Until now you could get this information from the Land Registry for £2 per property. Now you…
IMPORTANT WARNING! The future of this board.
Hi Folks, This is a particularly unpleasant message to write. As many of you know we set up the Debate House Prices, the Economy & Recession board recently to allow discussion without affecting the original practical focus of House Buying, Renting and Selling board. More recently, the tone of the board has taken on an…
Coronavirus effect on property markets?
Gold and silver usually goes up when something bad happens and property is usually inverse correlated to the monetary precious metals. What will happen to property markets if this coronavirus does keep spreading as it is doing currently?
Should I be wary buying a house in the current climate?
Myself and my partner are in the process of buying our first house together. We have not put any money down yet so it would be easy for us to pull out. After seeing the financial crash this morning and with the unknown of Brexit looming, we are worried that the house price will drop and we will be stuck paying excessive…
COVID19 - your strategy?
Which strategy you prefer (not for yourself but assuming you have the authority to decide UK's strategy on COVID19) Your selection is private i.e. others cannot see your choice.
The New Fat Scotland 'Thanks for all the Fish' Thread.
For everything Scotland related. Economics, politics, oil prices, GERS, new powers etc etc. I know some of you will just be [STRIKE]groaning in abject horror[/STRIKE] just as excited as I am about the prospect of another Scotland specific thread. So here it is. I've been on these boards for a while know, and there always…
How much is £500 billion
Weight of 500 billion pounds in Pound coins * A pound coin weighs 9.5g or 0.0095kg * Five hundred billion Pound coins would weigh 4,750,000 metric tonnes. * A car, such as Volkswagon golf weighs 1,376kg. * So Five hundred billion pounds in Pound coins would weigh the equivalent of 3,452,034 cars. This is how much the…
The Nice People No. 17
Possible new home for The Nice People in case the main thread gets deleted. I thought that I had better start decorating. Here's some Sanderson wallpaper to be getting on with:
Shall I go ahead with plans to apply for a mortgage in April?
My partner and I are in the process of putting together our documents to acquire our home from a Housing Association. We have already got an In Principle from a high street lender and were going to make the application first week of April. Shall we go ahead with it or just wait just a few more months given the recent…
Post Covid Consensus?
I have feeling that many people in this country will realise that they live a lot closer to the breadline than they previously thought. They may also realise how much they will have to rely on public services if things go wrong. Ultimately lots of people are probably finding out just what is important to them. Once we…
Landlord kicking out the lodger.
Hello all - the below is a copy of the my post in the "covid" section, but copying it here, maybe i get some luck. Happy to delete it once the issue is sorted. The situation is as follows: I am a lodger renting one bed room in two bed rooms flat. Another room is occupied by the landlord (not sure whether he is the owner or…
Go ahead with loft conversion or no?
I have 2 kids and am currently in a 2bed house. The house is quite small and as my baby is now nearly 18m and still in our bedroom, so we really need another bedroom. We had considered the pros/cons of doing a conversion vs moving and decided we rather stay we're at. We have everything ready to do a loft conversion in mid…
America just diluted the value of the dollar by how much?
So America literally just printed $2trillion and injected it into the economy, how much did this dilute the purchasing power of the dollar essentially over night?
Corona-19 and small businesses
There is a lot of debate about small firms and the self employed. I have a great deal of sympathy for those who have been "forced" into self employment (often on zero hours contracts) for the convenience of reducing their employers costs (no pension, no guaranteed work, no employment rights). But should we feel sympathy…
Will Brexit happen?
Doesn't matter whether you want it to or not, do you think it will or not? I don't want Brexit, but I thought it was inevitable. I have moved to thinking the possibility of any party delivering Brexit is minimal now. It will become one of those intractable issues like Northern Ireland used to be, that will just go on…
Why I am confident in the long term property market
I have never claimed that there has not been a housing crisis in the UK, still is. But what I have been certain of is that no government for all their weasel words will ever do anything about it, hence my confidence present and future in investing in the property market. This covid 19 epidemic and crisis along with the…
White House and Congress Reach US$ 2 Trillion Stimulus Deal
Rushing to deliver government aid amid a spiraling public health and economic crisis, senators and Trump administration officials reached an agreement early Wednesday on a sweeping, roughly US$ 2 trillion stimulus measure. The deal would send direct payments and jobless benefits to individuals, as well as money to states…
Helicopter currency drops
Hong Kong have every citizen $10K, Japan has done a similar thing a few times and other countries now USA too is going to just create Trillions of units of USD out of thin air and do helicopter drops on the people. https://mobile.twitter.com/CryptoWendyO/status/1239967431906324482 If creating new currency out of thin air…
Federal Reserve unlimited bond purchases, what does it mean?
From what I can surmise is that the fed is just printing trillions of dollars and flooding the market to try and keep the economy afloat, but isn't this exactly the kind of action that causes rapid inflation like in Venezuela? Can someone more knowledgeable who understands about bonds, balance sheets, quantitative easing…
£70k sat in the bank
Hi, not sure if this is the correct location but I need some advice. We currently have £70k sat in the bank after remortgaging in April. The money was to be used for a home extension that, due to planning consent, has dragged on for the best part of a year. We now have the permission needed and have found a builder who can…
Buy the house now? Or wait?
I have had an offer accepted on a house I like, completed a more in depth survey and am just about to pay my solicitors fees.. my question is with everything going on currently (corona) do I wait? Will house prices plummet? Or do I take advantage of the lower interest rates?
What effect will Bubonic plague have on London house prices?
It’s undeniable that antibiotic resistance is upon us - there’s no question we are moving to a post-antibiotic era. The last Bubonic plague in London killed over a quarter of residents in a little over a year. With that sudden drop in population there would definitely be a house price crash that the government and banks…

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