Housing gloom 'worst in 30 years'

adr0ck

Paul_N wrote: »

Thanks for the link adr0ck.

So Japan's housing stock is replaced about every 30 years. So old houses are knocked down and replaced with new houses. Can you explain how this changes the supply/demand dynamics of housing in Japan? Cause I'm thinking if you replace a house with a house, the supply hasn't changed, so how does this fit in with the house price crash in Japan?

Also, if our houses last longer, then that means that more will be about for longer, adding to supply in this country because the older houses are still good enough to live in here (certainly for longer than 30 years). I'm not saying we have an over supply of housing, but not replenishing housing stock in this country as often as in Japan doesn't seem to be an argument against house prices in this country dropping in a similar way to Japan's.

its just showing why you cannot simply compare the Japanese housing market with the UK's

Japan and the UK do have lots of similarities but they also have major differences (earthquakes...being the main one) which is why i'm saying it is difficult to compare the two.

Datasafe_2

adr0ck wrote: »

its just showing why you cannot simply compare the Japanese housing market with the UK's

But you didn't. It took you ages for me to poke you into pointing out that replacing the housing stock is based on current building rates which makes me belive you had read that somewhere but didn't understand it.

Japan and the UK do have lots of similarities but they also have major differences (earthquakes...being the main one) which is why i'm saying it is difficult to compare the two.

Come on think about it. They knock them down replace them with newer buildings, so the amount of building stock never get much higher. Its still an overcrowded island whose house prices crashed. It proves the old "supply and demand" jusitification for overpriced houses in this country is just spin put out by people with a vested interest.

adr0ck

Datasafe wrote: »

But you didn't. It took you ages for me to poke you into pointing out that replacing the housing stock is based on current building rates which makes me belive you had read that somewhere but didn't understand it.
.

no it didn't ..................i've stated all this on these boards plenty of times before

datasafe i don't sit on mse all day waiting for someone to reply to my posts so i can reply ..................i have plenty of other things to do with my life

why do you have to be so personal in your posts?

adr0ck

Datasafe wrote: »

Come on think about it. They knock them down replace them with newer buildings, so the amount of building stock never get much higher. Its still an overcrowded island whose house prices crashed. It proves the old "supply and demand" jusitification for overpriced houses in this country is just spin put out by people with a vested interest.

Japan has a falling population

UK has an increasing population

Datasafe_2

adr0ck wrote: »

Japan has a falling population

UK has an increasing population

More misinformation.

Japans population delined 0.01% in 2007 ( about 30,000 ) Its to first time. Japans population has increased steadily at any other time.

Japan is ranked number 32 in the list of densely populated countries. The UK is listed at number 51.

Next?

WTF?_2

Datasafe wrote: »

More misinformation.

Japans population delined 0.01% in 2007 ( about 30,000 ) Its to first time. Japans population has increased steadily at any other time.

Japan is ranked number 32 in the list of densely populated countries. The UK is listed at number 51.

Next?

Datasafe, why do you have to make this so personal with your facts and your figures?

:rotfl:

Datasafe_2

Dunno m8

If anyone puts and arguement across effectively, suddenly you become personal, nasty or dare I say it - sarcastic? :rotfl:

adr0ck

Datasafe wrote: »

More misinformation.

what was the first bit of misinformation?

i've supplied a link to my information from the economist........................please provide link for your information

adr0ck

Datasafe wrote: »

More misinformation.

Japans population delined 0.01% in 2007 ( about 30,000 ) Its to first time. Japans population has increased steadily at any other time.

Japan is ranked number 32 in the list of densely populated countries. The UK is listed at number 51.

Next?

http://www.economist.com/world/displaystory.cfm?story_id=9539825

quote from link

"The National Institute of Population and Social Security Research estimates a total population of 95m by 2050, with the elderly accounting by then for two-fifths of the total".

and

"FOR intriguing evidence of the way Japan's 127m people are"

what has the population density of a country got to do with whether the population is growing or not?....please explain

datasafe please provide some links to back up your posts like i'm doing instead of just making things up and providing as you like to call it misinformation

adr0ck

Datasafe wrote: »

Dunno m8

If anyone puts and arguement across effectively, suddenly you become personal, nasty or dare I say it - sarcastic? :rotfl:

thats the thing though datasafe....................your incapable of putting your argument across...................you simply state something and expect me to believe you over the economist etc. Please explain to me what sources you are using that are so good the economists sources are misinformation as you put it

or are you as i suspect just talking out of your