We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices

In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

House Prices 27% Overvalued!

vaporate · 2010-06-30 18:36:27

Surprised? Not, not really.Chart of the day: House prices '27% overvalued' By Andrew Oxlade 30 June 2010 Vote Nationwide today suggested the mini house price boom of 2009 and early 2010 has run out of steam. It also published an update of a chart (above) that has attracted plenty of attention in recent years. The latest…

Comments

chucknorris Posts: 10,795 Forumite

1 July 2010 at 1:36PM

abaxas wrote: »

I hate all this affordability claptrap.

Simple face remains that cost of housing > cost of building + land.

We could sort this all out, but we choose to limit supply via the natural monopoly of 'planning'.

Obviously! But why are you ignoring:
Developer's profit
Developer's overheads

Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
0