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.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. 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!
MSE News: House prices up 4.6% over past year, Halifax says
Comments
-
Will be interesting to see what happens if or when the Bulgarians and Romanians come in the next few years.
Might be an idea to invest in properties over there?0 -
harrys_dad wrote: »Yet another short term asset bubble being pumped up to secure an election victory by an irresponsible chancellor. Still as far as he is concerned if it doesn't go pop again until after the election why should he care. The economics of the madhouse and short term political gain.
Nonsense.
UK housing is "heavily undervalued".
All Osborne is doing is repairing the broken mortgage market and allowing more people to buy.
http://www.thetimes.co.uk/tto/business/industries/construction-property/article3830936.eceIs Britain heading for another housing bubble?
Far from it, according to a senior economist.
Residential property is heavily undervalued when measured against rents, according to Simon Ward, the chief economist at Henderson Global Investors, who dismisses warnings that Britain is heading for another boom and bust.
"Worries about a housing bubble are premature. Unless you see some reason for believing supply is going to increase substantially, I don't think there is any prospect of another housing bust.
"Based on the rental yield, where rents are divided by the value of the housing stock, I estimate that property is 13 per cent under-valued.“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 -
Certainly true that house prices are rising rapidly around my way.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards