Rightmove March +1.6% MoM +6.8% YoY

MFW_ASAP

de1amo wrote: »

...if there wasn't going to be a mass exodus why did all the insurers drop on the news.....a tax hit on withdrawing will be more than be paid back by growth in capital growth on a property....an annuity will never grow once taken...property will be seen as a safe haven away from all the financial crooks.....like banks!

Annuities will soon be as dead as endowments. They are a product past their sell by date. Property isn't the only alternative though.

buglawton

chucky wrote: »

Housing has never been affordable to the masses.

It's a big sacrifice buying a house and maintaining it.

Got to differ there, in the leafy Home Counties suburb I grew up in during the 60s major private housing estates were built. In moved a milkman, young teachers, a greengrocer, factory workers, aircraft fitter, lots of commuters typically aged around 30. The hard stats must be out there somewhere.

No HTB in those days but there was major tax relief on mortgage interest and big tax allowance if a spouse did not work.

ukcarper

buglawton wrote: »

Got to differ there, in the leafy Home Counties suburb I grew up in during the 60s major private housing estates were built. In moved a milkman, young teachers, a greengrocer, factory workers, aircraft fitter, lots of commuters typically aged around 30. The hard stats must be out there somewhere.

No HTB in those days but there was major tax relief on mortgage interest and big tax allowance if a spouse did not work.

In 1971 home ownership was 50% in 2011 in was 64%

Graham_Devon

ukcarper wrote: »

In 1971 home ownership was 50% in 2011 in was 64%

What was it in 1980? 1990? 2000?

The point made by the poster was that it was easier to buy. If this was the case, we should have seen a rise in home ownership.

If it's harder today, we should see a decline.

Picking two random points is a little pointless here. The trend is what matters.

MFW_ASAP

Graham_Devon wrote: »

What was it in 1980? 1990? 2000?

The point made by the poster was that it was easier to buy. If this was the case, we should have seen a rise in home ownership.

If it's harder today, we should see a decline.

Picking two random points is a little pointless here. The trend is what matters.

Graham_Devon

Thanks MFW.

Point proven. It was easier to buy, hence more people bought.

ukcarper

Graham_Devon wrote: »

Thanks MFW.

Point proven. It was easier to buy, hence more people bought.

What it does show is than in the 90s when prices were at there lowest compared to wages the number of owners increased the least.

AndyGuil

I think this year will out do last year, but the rate won't accelerate as much.

Blacklight

Sibley wrote: »

Do you remember when all those people were on about prices crashing?


Is that HPC website still going?
What is Bruce Spanners take on all this?


Let me guess.
Where he lives is 30% down

I think it's still around, albeit pretty deserted nowadays it seems. Still spouting the same old crap:

Posted Today, 06:57 PM
All of us here appreciate the business cycle. The warning lights seem to be flashing red and the alarms are screaming for all those without tin ears to hear.

A crash is not a matter of if. It is when, I will stick out a leg and say not much more than a year

Whatever...:rotfl:

wotsthat

Graham_Devon wrote: »

Thanks MFW.

Point proven. It was easier to buy, hence more people bought.

Graphs aren't your strong point are they?