Why are UK house prices so much higher than in Germany?

chucky

Bullfighter wrote: »

London ISN'T the capital of the England, it's Colchester, coz 2000 years ago it was.

chucky logic.

gold is in a bubble - fact

adouglasmhor

chucky wrote: »

this is the reason that i like this forum so much, people like Douglas keep this forum alive.

have you ever seen a panther that is pink Dougie?

No ask someone in the regiment. I wish I was there.

GDB2222

Degenerate wrote: »

The two sins are equivalent.

By being a net exporter:

- Your employment is dependent on external demand from from net importers. Hence why Germany took a big hit as we all tightened our belts in the crash.

- Your surplus is what ends up financing those debts in the trade deficit countries. Hence why The German government reluctantly committed to bail out the EU deficit states earlier this year. If they default, they take the German banking system with them.

Of course, being a net exporter does endow some with a pompous sense of behaving "virtuously", thinking they have the moral high ground. But actually, why is it always assumed that the blame for such imbalances lies with the importer? Some astute commentators have argued that the European imbalances are caused as much by German wage and price "dumping" as anything else.

I hear what you are saying, I think, but you talk as if countries are net exporters or net importers all the time. Then you talk about European imbalances. Surely, the two are related? I can see how countries can run a balance of payments deficit for a while, but not semi-permanently.

The other point is that it is presumably easier to cease to be a net exporter than vice versa?

StevieJ

chucky wrote: »

why is the grass always greener on the other side by the people that think that the capital city of Germany is Berlin...

Then again a lot of people think that the capital city of The Netherlands is The Hague, BTW Berlin is the German capital

Edit: Apologies Chucky I didn't realise you were just making a point.

StevieJ

adouglasmhor wrote: »

No ask someone in the regiment. I wish I was there.

Ah Early Doors, why did they toast that?

carolt

StevieJ wrote: »

Then again a lot of people think that the capital city of The Netherlands is The Hague, BTW Berlin is the German capital

Don't bother him with facts, Stevie.

chucky

StevieJ wrote: »

Then again a lot of people think that the capital city of The Netherlands is The Hague, BTW Berlin is the German capital

Edit: Apologies Chucky I didn't realise you were just making a point.

it wasn't in 1988 when people claimed house prices were 3x income and apparently affordable that's why i said Berlin

it was an ironic post that whoooooshed passed most people

baby_boomer

And the correct answer for the capital of Germany is....

1984ReturnsForReal wrote: »

Brussels........

ROTFLMAO

:T:rotfl::rotfl::rotfl::T

baby_boomer

drc wrote: »

It depends where you look in Germany. Some parts of Berlin are very desirable and have high property prices such as .... parts of Kreuzberg etc.

I lived in Kreuzberg for four months in 1977. It was a great place for students and the unconventional and the Turks. In my more left-wing (Communist :eek: ) days, I loved it! Rents were dirt cheap. I shared with someone who had been so anti-authority that the East Germans LET him emigrate to the West to spare themselves the trouble of looking after him. (Not the usual story in the History books.)

In 1977 it was out of the way from the centre of West Berlin (
The Kurfurstendamm) and the Berlin Wall meant it was a something of a back water because travel to other parts of West Berlin could take ages.

Now, with the Wall removed and transport links to the Old Centre restored, it is immediately below the heart of Berlin & very desirable. The left wing students and risque elements of my acquaintance have been moved on by landlords who have profited big time from unification.

shortchanged_2

chucky wrote: »

it wasn't in 1988 when people claimed house prices were 3x income and apparently affordable that's why i said Berlin

it was an ironic post that whoooooshed passed most people

I wouldn't say so much as an ironic post, as more like speaking in tongues.