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Debate House Prices

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Debate House Prices & the Economy

Coal in power stations to be phased out in the UK within 8-10 years
http://www.worldcoal.com/power/18112015/The-impact-of-the-UK-coal-phase-out-3175/ Not a lot of joined up thinking. Close down all the coal plants within 8-10 years and build gas plants before you close the coal so the lights don't go out. But no one wants to build the gas plants as the government is aiming to have them run…
How are savings for a house affected in a financial crash?
I'd like to ask this question using a hypothetical example. Say I have ten thousand pounds in savings in my bank, and I want to buy a house costing thirty thousand pounds. A friend is going to lend me the other twenty thousand pounds. As I am arranging this, a financial crash happens, of a similar magnitude to the 2008…
Five Wise Men say end QE now
http://www.telegraph.co.uk/finance/economics/11988053/QE-has-paved-the-way-for-a-new-financial-crisis-warn-Germanys-Wise-Men.html Meanwhile, our own wise man, Mark Carney admits were in a property bubble this morning on the BBC. Everyone else commented by blurting out 3 words.....two, followed by "Sherlock"! Anyway, point…
Mark Carney warns of complacency in financial markets
An indicator that interest rates aren't going to remain indefinately low perhaps. http://www.bbc.co.uk/news/business-29364275
Why the Opinion Polls Were Wrong
David Cameron sets out EU reform goals
Apologies if this is already being discussed but I can't find anything and think it's worthy of its own thread. http://www.bbc.com/news/uk-politics-34770875 So Cameron has now told us what he's going to fight for in his long promised move to reform our position with the EU. For convenience these are his four points from…
Northern Rock & Giant Space Rocks......
Low probability but high impact events do happen. The chance of them happening during any one lifetime, or career, or mortgage term for that matter is highly improbable.... But they will happen eventually. The global financial crisis that led to the downfall of Northern Rock was one such event. The previous event of such…
Correlation between Unemployment and House Prices
http://www.cityam.com/215859/uk-house-prices-what-effect-does-unemployment-have-cost-home It'd be surprising if demand wasn't higher in areas with high levels of employment than in areas with high unemployment. But interesting to see the figures... If you narrow it down to just the ten areas with highest employment, the…
95% mortgages & HTB - Buying a house in 1959
Dual income households, government grants, 95% mortgages..... The more things change, the more they stay the same. (other than the prices):D Of course, there was probably one of his mates down the pub who read that new fangled housepricecrash chalkboard saying he should keep renting until prices fell, government HTB (Help…
Bit shocked
http://www.bbc.co.uk/programmes/b066w659 Just had a listen. To an old bloke like me without any debts, which is a true blessing, this program made me think. In truth, maybe not much in it that has not been disussed here however it is not very bullish and i think rather gets to some truth. A few points that it explains how…
Old age mortgage limit to be lifted
Could see this having quit a serious affect on the market. Thoughts ?
people want house prices to fall
Most people believe that falling house prices would be a good thing According to the FT, a recent international survey by ING found that nearly three-quarters of European consumers believe that “a fall in house prices would benefit society”. What’s particularly interesting is that it wasn’t just renters who thought so.…
An assault on democracy ?
http://www.telegraph.co.uk/finance/economics/11949701/AEP-Eurozone-crosses-Rubicon-as-Portugals-anti-euro-Left-banned-from-power.html Just reading about what's happening in Portugal and wondering what implications it could have on the EU and the UK We are living in interesting times Anyone got any opinions ?
Extending Commute times...
http://www.bbc.co.uk/news/uk-34765142 One of the results of silly house prices... but also shows how many companies are still struggling to get to grips with IT to allow their staff (and the company itself) to work smarter and reduce costs all round... maybe even pay staff more and have less of a premises? If it didn't…
Working For Our Zombie Robot Overlords
http://qz.com/544117/apply-now-for-the-job-of-the-future-robot-helper/
Who doesn't like warm weather
http://www.bbc.co.uk/news/science-environment-34763036 We all shouldn't apparently - we are repeatedly told how bad global warming is. Is it really as bad as they say? (and who is they?). The world has both been a lot colder and hotter before - does it really matter?
Scotland to become 'third world' economy by 2030
Scotland to become 'third world' economy by 2030 Scotland will become a “third world” country by 2030 due to low living standards and a slow economy, an eminent economist has warned. http://www.telegraph.co.uk/news/uknews/8729317/Scotland-to-become-third-world-economy-by-2030.html
Myth: Generation rent is worse off than home-owning parents.
Fact: Freedom from the housing ladder offers the opportunity to live life a little more imaginatively http://www.theguardian.com/education/2015/nov/03/myth-generation-rent-is-worse-off-than-home-owning-parents Freedom from the housing ladder. Instead, leading imaginative lives with iphones, laptops and extra holidays. Good…
Mahooosive buy signal
Brit1234 is calling the top of the market in London: http://forums.moneysavingexpert.com/showpost.php?p=69486700&postcount=11 The day brit1234 finally grows a spine and buys a grubby little flat in Hounslow is the day when there will be a mass exodus from the market.
London property prices to fall 30%....
http://www.telegraph.co.uk/finance/property/house-prices/11963302/London-on-course-to-become-next-house-price-bubble-fatality-warns-UBS.html

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