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Debate House Prices

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Debate House Prices & the Economy

The medias world v's the real world
After 24 hr daily coverage for 4 years over Brexit, all the fear mongering over all that time until the point where people were sick of it, and what really happened? Now only months after Brexit is all cleared up and the sky never fell in we are handed corona virus, for the media to get it's teeth into. since the first day…
Remortgage Asisstance
Good Morning, In light of the economic situation in the UK and of course globally, is it the right time to remortgage? Are banks and mortgage lenders increasing their criteria to lend? In other words, is it more difficult to be accepted for a mortgage at the moment? Thank you.
Bank of England cuts Interest rate from 0.25% to 0.1% and introduces new £200 billion QE programme
The Bank of England has cut its base rate to a joint-record low of 0.1% - warning the coronavirus pandemic will result in a "sharp and large" economic shock. Its rate-setting committee, led by new governor Andrew Bailey, also decided at its unscheduled meeting to re-start the post-crisis asset purchase programme, also…
GBP V USD Exchange Rate
The GBP V USD exchange rate dropped below USD1.20 = £1.00 this morning.Could we actually be heading for parity soon?
Carney finishes at the BOE, love him or hate him?
https://www.bbc.co.uk/news/business-51851150 I personally think he has done a brilliant job,not perfect, but brilliant
Tenants are stopping paying their rent early before the official holiday? Things starting to break d
Italy now has a holiday for rents and mortgages? So many unanswered questions like if I am a landlord am I expected to just let my tenants live rent free? italy shut down is coming to the uk and lots of people already talking bout stop paying their rents so they can load up on supplies before the supermarkets run out.
Surely the government should ban traveling
Surely the government should seriously restrict or ban traveling in or out of the UK until they can contain the coronovirus. Why wait until its all over the UK and too late to contain.
Rightmove.. March. Up 3.2%
https://www.estateagenttoday.co.uk/breaking-news/2020/3/rightmove-market-report-outpaced-by-coronavirus-impact Market is still holding up even with whats going on
Have the last 20yrs been more difficult to buy a property?
Have the last 20yrs been more difficult to buy a property? All things considered have the last 20yrs been more difficult for average people to buy a home than the 20yrs before? I would say yes, even though we have emergency low interest rates which have not yet ended because the emergency or crisis is still ongoing, it was…
Help me understand why house prices and rent won't rise faster than wages forever.
This isn't about London. We all know that the housing market rises significantly faster than wages and there's no sign of that changing any time soon. I don't understand enough about economics to know why the trend won't continue essentially for the foreseeable future. If Tesco increased the price of their groceries…
Bearish to bullish this year and now back to bearish..
Things move so quickly, at the start of this year after changing my slightly property bearish stance to a slight Bullish one, I have now had to change my mind again for the next few years because of the coronavirus and admit we are now looking at falls of anything up to 6% falls in the next 3 years. What do you think?
UK Interest rate cut by 0.5% to 0.25%
The Bank of England has cut the UK Interest rate by 0.5% to 0.25% this morning. The Bank of England has announced an emergency cut in interest rates to shore up the economy in the wake of the coronavirus outbreak. Policymakers reduced rates from 0.75% to 0.25%, taking borrowing costs back down to the lowest level in…
FTSE 100 crashed nearly 10% in the first 10 minutes this morning
OK, this is getting a little scary now, other than my pension I got out of stocks and shares months ago thank God. I sold two properties also last year which I started to think was mistake, turned out to be an accidental good decision. Might put two more on the market in the next few weeks as a cushion and before it is too…
It’s different this time
It is. Bailouts won't fix this. Chris Duane introduced me many years ago to the idea that next time the debt-based fiat system broke, it would be something that physically broke in the real world. This virus shock is that physical thing. We have so many moving parts here now in our complex financialization of the real…
Mortgage holidays until Coronavirus is no longer a threat?
I am sure there is going to be a lot of financial distress for a great many people this year, how about a mortgage holiday this year for when things start getting really tough?
Is a Housing Price Drop a Disaster for All?
Hi all, I'm asking is a house price crash a disaster for all homeowners and are there negatives for buyers as well? I'm will be buying this year or next. Decision point is in a couple of months. Whilst I'm not planning/hoping/banking on it, I've been musing whether a house price crash would affect me that much. I'm going…
Why are house prices in London so more expensive than the north
Will HS2/ Other high speed trains mean midlands/ northern properties prices go up?
Extend the uncertainty?
Surely it would be better to pull the plaster off and have short pain then get on with healing. No deal on the 29th then move on new trade deals and heal nd rebuild. Pulling it off slowly and still having the same pain at the end is far worse. They will never vote for Mays deal, so why keep flogging a dead horse, it's just…
Boris pledge to offer 30% discount to local first time buyers?
How on earth will this work in practice? Is this another promise to get votes that will be broken? Can somebody in London with a 5% deposit still get 40% Help to buy interest free for five years AND GET 30% government funded discount? The measures to keep the property bubble from popping are getting desperate 😂😂😂
Welcome to the UK
This graph highlights just how royally F'ed the younger generation are. I'm all for capitalism but something needs to be done to prevent impending mass homelessness / affordability. A recent survey showed that the average Brit (excluding London) on average spend 40% of their income just on rent. Is there any realistic…

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