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Debate House Prices

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Debate House Prices & the Economy

Just reminded me
We were chatting today that when in 1975 we bought our first home we had to wait 2 months until the building society had the funds. Not saying that house prices were not increasing, we had rampant inflation and indeed properties followed track. However, not the 200% we have seen over the last decade or so. Currently, our…
Buying a garage
Anyone ever done it ?
Cameron 'cracks down' on dirty money buying up London properties.
http://www.bbc.co.uk/news/business-33690464 However, he hopes criminals won't use a shell company or false owner because that is difficult to trace. :eek: In other words, it's just more meaningless clap trap to the brainwashed party faithful and couldn't care less club. What he is really doing is saying to Estate agents…
house prices set to fall 20%
According to permabears, Capital Economics.... https://web.archive.org/web/20031203010756/http://news.bbc.co.uk/1/hi/business/3155582.stm
Is housepricecrash.co.uk down?
Getting a message all morning saying it is offline. After almost 15 years waiting for a house price crash, have they finally given up? I do hope not - their batsh1t crazy rantings were always amusing
London still number 1 Buy-To-Let Hotspot
http://www.thisismoney.co.uk/money/buytolet/article-3175921/Buy-let-hotspots-revealed-London-Birmingham-Manchester-Nottingham-rise.html Other places include commuter towns to London. No great surprises there then.
How can companies which pay dividends to shareholders remain competitive?
It seems the Bank of England chief economist Andy Haldane, one of the worlds most influential people, is questioning the value of firms which are accountable to shareholders. According to him these firms have a short term outlook resulting in lower investment and ultimately growth. Profits are being used to pay dividends…
The new dividend tax - does this mean contractors who paid themselvs big divvies
instead of PAYE on a salary will pay more tax now?
UK Coal Mining
For discussion of coal mining in the UK. Some suggested ideas: 1. Should non-buyers of coal subsidise buyers of coal? 2. For how long should an industry be subsidised reasonably? 3. Do we really want to pay a subsidy for more climate change? 4. Should the closed mines be reopened? 5. At what level of digging mud rather…
Can't Afford London? Try Extreme West Southall
http://www.thedailymash.co.uk/news/society/first-time-buyers-definition-of-london-increasingly-loose-20150724100413
Us and them
Hi Folks, Is it just me or is anyone else getting fed up with the antics of our political masters. The latest antics involving another public paid superannuated Lord makes me think that the normal folks struggling to get by are being taken for mugs by these parasites. Osborne wants to save 40 % off most government…
Foreign criminals driving up UK house prices.
http://www.bbc.co.uk/news/uk-33662174
Shared ownership con. Young lashed to the yoke and regretting every second
http://www.theguardian.com/housing-network/2015/jul/03/shared-ownership-buyers-frustrated-charges Locked out of the traditional housing market, squeezed by private landlords and outbid by pension rich buy to let landlords, shared owners have the highest of hopes when they move into their Barratt boxes. Hopes that soon turn…
The economic consequences of same-sex marriage
https://neo.ubs.com/shared/d1TwuiRZoyrJgd?off_id=AC201507E37100634W161883903&camp_id=EM:UNKW:2015-07:16:U A five minute video from UBS on the economic impact of same sex marriage.
What's the verdict for home owners after today's budget
Yay or nay
house price crash is effing weird
http://www.housepricecrash.co.uk/forum/ Seen this mentioned a few times on here, didn't understand. Finally googled it tonight - very strange. Was it poltergeist where that creepy old man in the hat led all his worshipers underground to avoid a nuclear war or something. The war didn't happen and they all starved to death…
Paul Hodges: UK house prices to fall 50% in global ‘Great Unwinding’
He makes some good points. http://moneyweek.com/paul-hodges-interview-the-great-unwinding/
Just a thought
Selling a house in Reading in 1978 went for a touch under £11,000. Not a flat, a 3 bedroom semi, front and back garden in a quiet road. I have read that the average salary was £5,440.25 per annum. I was on a little bit more and I think my wife was on slightly less. Both mid to late 20 year olds. Just recently, one has sold…
The Reality of Social Housing
http://www.channel4.com/news/housing-associations-homes-property-bob-blackman-david-orr So that's an average cost of £170,000 a house plus the ongoing subsidy from housing benefit. Surely Housing Associations must be expert at running housing though? I bet they're really efficient. Nope!
The Ministry of Defence owns 1% of all UK land
I've just been reading 'A country that lives within its means, Spending Review 2015', which can be found here: https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/447101/a_country_that_lives_within_its_means.pdf On page 17 of the document is this statement: 3.29 The government has taken strides to…

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