Corbyn has launched an assault on the property market including banning Right to Rent checks,

triathlon · 24 November 2019 at 4:07PM

The-Joker wrote: »

Absolutely but the perma prop bulls don’t like the sound of the inevitable correction in house prices that ha to happen first

And yet after again repeated calls from a long list of posters on this board, yet just one "perma bull" has yet been named. Anyone looking for a large scale home building era are now watching that dream day by the day as the countdown for Corbyns 2nd general election loss is underway, Boris was brilliant by the way this afternoon in his speech, he is starting to fall into his new role nicely.

Of course Boris will have a seen to be doing something policy regards to UK property, and prices will remain flat/stable for a while now, but they will not crash. Out of interest is a flat/stable advocate what you see as a "perm bull" out of interest?

John_Smith_2019 · 24 November 2019 at 4:19PM

triathlon wrote: »

And yet after again repeated calls from a long list of posters on this board, yet just one "perma bull" has yet been named. Anyone looking for a large scale home building era are now watching that dream day by the day as the countdown for Corbyns 2nd general election loss is underway, Boris was brilliant by the way this afternoon in his speech, he is starting to fall into his new role nicely.

Of course Boris will have a seen to be doing something policy regards to UK property, and prices will remain flat/stable for a while now, but they will not crash. Out of interest is a flat/stable advocate what you see as a "perm bull" out of interest?

I think that flat / stable in fiat sterling terms will be at least a 5% annual drop in real terms.

John_Smith_2019 · 24 November 2019 at 4:34PM

I often hear it said in the media that
''the UK needs to build at least 300,000 new homes a year, just to keep up with demand. We aren't building enough houses, etc''

I'm not sure this is true.
H2B has led to a significant amount of housebuilding - evidenced by the major house building companies profits.

I'm not convinced the UK is going to see more immigration. Back in the 1970s to 1990s there wasn't a huge amount of immigration to the UK. I'm sure the population dropped at some point.

Politicians are now talking about immigration in a way they didn't previously. They are usually behind the curve.
I can easily see a drop in the UK population over the next 10-20 years.

The political uncertainty in the UK will probably persist for at least 10 years. Corbyn will lose this election. He will probably be replaced by one of the younger female MPs as this is what McD wants. The manifesto will remain left wing, but toned down a bit. The Tories will continue to mess about extending Brexit. Not many new companies will invest in the UK - but neither will there be a mass exodus.

We will probably see some kind of stagflation and more QE / MMT.

Labour may win in the next few years.

elsien · 24 November 2019 at 4:39PM

Not wanting to get in the way of a good rant, but removing the requirement for landlords to undertake Right to Rent checks isn't quite the same as banning them.