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Debate House Prices

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Debate House Prices & the Economy

Rudolph Just Got Zombie Apocalypsed
The end really is nigh https://youtu.be/RDZu04v7_hc
What's going on here? Personal debt
Some striking data here. That's quite a move within 5 years? What on earth is going on? Is that in any way sustainable?! http://www.independent.co.uk/news/uk/home-news/fears-of-new-economic-crash-as-british-families-run-40bn-deficit-a6782221.html
show us yer stocking
A high scientific measure of the current state of the economy. How much have you spent on Xmas presents this year? Me: about a grand
Ignore the landlord martyrs: time for the BOE to intervene
Well there's no sitting on the fence with this article! However, this whole "reign in the BTL scene" appears to be gathering pace continually. http://www.theguardian.com/money/2015/dec/20/buy-to-let-ignore-landlord-martyrs-time-for-bank-to-act
Rent rises could soon outpace house prices, warn surveyors
http://www.bbc.co.uk/news/business-35154420 Looks like the upward trend continues. ;)
Cheap Money to Boost U.K. House Prices 6% in 2016
http://www.bloomberg.com/news/articles/2015-12-22/cheap-money-to-boost-u-k-house-prices-6-in-2016-rics-predicts Looks like the upward trend continues for the time being.
Workers demotivated by executives' high pay
http://www.theguardian.com/business/2015/dec/18/workers-demotivated-by-executives-high-pay-survey Strange concept if you ask me. During my 35+ years career, I have not once thought about what others (including my superiors) earn. Not once. None of my business and I couldn't care less. My motivation came out of job…
Tax credits / USC - Pretty big loss to the economy
After repeatedly insisting that the move to Universal Credit will not see people on in work benefits lose money, Iain Duncan Smoth has today stated that admitted that people will lose money. The DWP states that any losses can be recouped by the worker by working an additional 200 hours a year (4 hours per week) at £7.20…
U.K. Consumers Just Had Their Happiest Year in Four Decades
http://www.bloomberg.com/news/articles/2015-12-22/u-k-consumers-just-had-their-happiest-year-in-four-decades Happy days! I hope all MSE people had an equally happy 2015, and I wish you all an even happier 2016. Happy Christmas! :snow_laug
Has the market ever been more bullish ?
http://lmgtfy.com/?q=House+prices
So, the crashists were wrong again
Maybe time they reconsidered their logic given that their calculations never seem to work ?
Peak Coal
http://www.iea.org/newsroomandevents/pressreleases/2015/december/global-coal-demand-stalls-after-more-than-a-decade-of-relentless-growth.html Please note. The limit on quoting copyrighted articles on this site is two paragraphs, however this is a press release and is provided in order to be quoted from. Also, please note…
House Prices to Jump 50%....
This is the big one....:beer: House prices are set to rise by 50% over the next 10 years with property values in London nearly doubling, a report predicts. It would mean a typical house price would be around £139,000 higher than the current average of £280,000 by 2025. The study was compiled by the Centre for Economics and…
Why are so many British homes empty?
Hundreds of thousands of homes across the UK are unoccupied, despite widespread concern about a housing shortage. Why would someone own a property and leave it vacant? The Bezier building stands right in the middle of London's Old Street area, one of the most expensive and fashionable parts of the UK. Flats inside the…
London house prices set to double in 10 years
Looks like yearly 7% HPI will be happening in London for a very long time. http://uk.businessinsider.com/latest-uk-and-london-house-price-data-2015-12 I think I'm right in saying which point London prices will be close to 4x elsewhere. If you move out just be prepared to never come back.
Improving chance of selling
Hi We, like lots of people, are trying to sell our 2 bedroomed house in a rural village in Wales. We asked the estate agent why he thinks it hasn't sold and were advised to knock £7000 off the asking price. Another estate agent we were first with valued it at £20,000 above our current asking price (so in effect we have…
Carney vows to take action on the BTL sector
No sure what the action is, but this fear of landlords selling up could be self fulfilling if they keep hitting the BTL sector! http://www.bbc.co.uk/news/business-35108952
BOE to get new regulatory powers over BTL
Surprised to see this hasn't been posted up already. Maybe it's best not mentioned!? Some seem to be suggesting we could be seeing BTL borrowers having to show that the rental income will be 150% of the mortgage. We could also see the minimum deposit raised to 40%. Fantastic if it works.…
Survivor
Deflation Watch pt 152
M4 money supply figures were released by the Bank of England last Friday and they make for pretty grim reading IMO. [Bank of England's bolding of text] Inflation is not the enemy right now IMO. The BoE should and I think will keep interest rates low for some time yet and restart QE. Even that I fear will not be enough.

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