Debate House Prices


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Crowd funding buy to let houses

1356

Comments

  • missyrichards
    missyrichards Posts: 1,148 Forumite
    padington wrote: »
    I predict the boom of booms (2012- 2024) coming our way, followed by the crash of crashes (post 2024).

    Why would there be a crash in 2024? I mean why after that year particularly? This is a genuine question as I don't know much about economics.:p
  • padington
    padington Posts: 3,121 Forumite
    Why would there be a crash in 2024? I mean why after that year particularly? This is a genuine question as I don't know much about economics.:p

    After ten years of a good environment to invest in UK property combined with ten more years of insufficient house building together with a heavily increased population and 'generation rent' being of a larger army than they are now, a political solution will be sought to what will increasing be called 'the housing problem'. Rent controls or something similar will be touted. This will ineffect have investers running for hills.

    Also by then housing will begin to look hugely 'toppy' on all the charts and we should see a total stampede to get out of UK property the moment a real trigger is pulled.

    I imagine the first time this to happen could be at the 2025 election.

    I also think we will see a dip before he 2020 election but because I don't think labour will win and the country will genuinely be flying economically by then from cutting waste etc, I don't think we'll see much more than a dip.

    I've only got a politics degree to go on and a little understanding of economics from life experience but that's my personal call.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • floridaman
    floridaman Posts: 113 Forumite
    I am not against this as long as it helps assist high house prices
  • cells
    cells Posts: 5,246 Forumite
    padington wrote: »
    After ten years of a good environment to invest in UK property combined with ten more years of insufficient house building together with a heavily increased population and 'generation rent' being of a larger army than they are now, a political solution will be sought to what will increasing be called 'the housing problem'. Rent controls or something similar will be touted. This will ineffect have investers running for hills.

    Also by then housing will begin to look hugely 'toppy' on all the charts and we should see a total stampede to get out of UK property the moment a real trigger is pulled.

    I imagine the first time this to happen could be at the 2025 election.

    I also think we will see a dip before he 2020 election but because I don't think labour will win and the country will genuinely be flying economically by then from cutting waste etc, I don't think we'll see much more than a dip.

    I've only got a politics degree to go on and a little understanding of economics from life experience but that's my personal call.


    why would the politicians intentionally crash the market via artificial things like rent controls? look at what happened to red Ed

    if the solution is to be more house building, maybe double or triple todays rate. That will definitely have an impact but it probably would not be a crash but zero nominal price changes and many years of real term falls as wages rise but property less so
  • padington
    padington Posts: 3,121 Forumite
    edited 1 June 2015 at 9:34PM
    cells wrote: »
    why would the politicians intentionally crash the market via artificial things like rent controls? look at what happened to red Ed

    if the solution is to be more house building, maybe double or triple todays rate. That will definitely have an impact but it probably would not be a crash but zero nominal price changes and many years of real term falls as wages rise but property less so

    It won't be intentional, the oppositions only intention will be to win an election, a market crash will be consequential. After too much talk of BTL landlord bashing and new property taxes together with a real prospect of such an opposition getting into power will drive prices down. A subsequent electoral victory by such a party or parties will sledge hammer the prices down.

    Untill then however I think its up, up, up for sure until 2019.

    2019 - 2020 we'll get a little dip, maybe a big one.

    My guess is Between 2020 - 2025 it will feel a little like a fat man strapped to a chair of helium balloons connected to an oxygen mask with nine lives and dedicated personal angel but it will still be up up up untill 2024.

    Let's see how wrong I am.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • cells
    cells Posts: 5,246 Forumite
    padington wrote: »
    It won't be intentional, the oppositions only intention will be to win an election, a market crash will be consequential. After too much talk of BTL landlord bashing and new property taxes together with a real prospect of such an opposition getting into power will drive prices down. A subsequent electoral victory by such a party or parties will sledge hammer the prices down.

    Untill then however I think its up, up, up for sure until 2019.

    2019 - 2020 we'll get a little dip, maybe a big one.

    My guess is Between 2020 - 2025 it will feel a little like a fat man strapped to a chair of helium balloons connected to an oxygen mask with nine lives and dedicated personal angel but it will still be up up up untill 2024.

    Let's see how wrong I am.




    if prices double over the next 10 years and then crash 25%,
    they would still be 50% more expensive than today
  • padington
    padington Posts: 3,121 Forumite
    edited 1 June 2015 at 10:44PM
    cells wrote: »
    if prices double over the next 10 years and then crash 25%,
    they would still be 50% more expensive than today

    Oh yeah, you would be a foolish to rent if you could actually buy right now.

    Unless you want a Chinese landlord that is.

    How freaking windy is it outside ? What's going on ? Bin just fell over.
    Proudly voted remain. A global union of countries is the only way to commit global capital to the rule of law.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    padington wrote: »
    Anyone else think this might have serious implications for more up side in the market ?

    I'm tempted to say it could be quite a game changer, culturally crowd funding In the UK is very popular and lots of people all over the world with saving might see this as a clever bet.

    I predict the boom of booms (2012- 2024) coming our way, followed by the crash of crashes (post 2024).

    This is a really interesting idea, I am going to look into it.
    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
  • mystic_trev
    mystic_trev Posts: 5,434 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    I believe 'crowdfunding' in Wood Green means someones nicked your wallet.
  • chucknorris
    chucknorris Posts: 10,793 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I believe 'crowdfunding' in Wood Green means someones nicked your wallet.

    I think Padington is onto something here, as soon as I get through the pile of marking that I have to do (which I hate, which is why I am at my keyboard rather than in the study), I'm going to look into it.
    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
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