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
Nationwide Jan: +0.5% MoM 0.0% YoY
Comments
-
Maybe. The Tories seem to have introduced a series of laws that allow supply to react to demand. Hopefully, banks and builders can respond to rising prices by increasing the supply of houses rather than with the supply of mortgages.
As is always the case, rising house prices will eventually attract both more house building and additional funding for lending.
But the shortage is now so severe thanks to the crash/credit crunch ensuring a backlog of a million plus potential FTB-s on top of an existing 2007 shortage measured at a million houses, that whatever changes they have made to planning it will still nowhere near keep up with requirements.
Add to that population growth and the imminent demographic surge of FTB age people, bigger even than the boomer generation, and you have a recipe for rising prices that cannot really be contained.As ever, time will tell.
Indeed.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.5K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards