New Posts For Thread: Is this the calm before the storm for the UK housing markethttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-marketPoor access to borrowingInflation looming largePublic strikeslarge deposits needed and EU trying to force through new legislation to increase these depositsPublic sector cutsTax rises on the horizonGov't skint i.e. no room for incentivesDoesn't lookWashington - all kinds of reasons, mainly revolving around the historic links between the HK-Chinese and the UK, very weak GBP, and easy money in HKsome, as you say, are rolling in cash from the China boom etc, and are happy to park it in any assetshttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045422#426045422Washington - all kinds of reasons, mainly revolving around the historic links between the HK-Chinese and the UK, very weak GBP, and easy money in HKsome, as you say, are rolling in cash from the China boom etc, and are happy to park it in any assetsSat, 03 Apr 2010 07:44:56 -0500sub,That sounds dangerous to me. Out of interest are they expecting property to go up or the pound to strengthen or both, because I can't see the angle, I don't think you can expect much of a rental yield? Or is this the case of too much money chashttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045418#426045418sub,That sounds dangerous to me. Out of interest are they expecting property to go up or the pound to strengthen or both, because I can't see the angle, I don't think you can expect much of a rental yield? Or is this the case of too much money chasFri, 02 Apr 2010 19:09:57 -0500indeed Mikaad. i know plenty of cash-rich HK-chinese who are piling into the London market nowthey dont see the market as high, because sterling has crashed... to them, with their USD-denominated purchasing power, London property seems dirt cheaphttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045394#426045394indeed Mikaad. i know plenty of cash-rich HK-chinese who are piling into the London market nowthey dont see the market as high, because sterling has crashed... to them, with their USD-denominated purchasing power, London property seems dirt cheapFri, 02 Apr 2010 00:19:34 -0500Who do u think are buying all these properties in London for 400k? Bankers, foreigners/cash buyers. Nice to see our bail out money goes to overinflating the housing market again. London is away on its own, the regions are in big trouble, bognor regishttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045390#426045390Who do u think are buying all these properties in London for 400k? Bankers, foreigners/cash buyers. Nice to see our bail out money goes to overinflating the housing market again. London is away on its own, the regions are in big trouble, bognor regisThu, 01 Apr 2010 21:34:56 -0500reagando u think we are at ' return to normal ' ?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045382#426045382reagando u think we are at ' return to normal ' ?Thu, 01 Apr 2010 14:05:21 -0500http://www.marketoracle.co.uk/images/2009/Mar/Money-Week_clip_image001.jpgmy favourite graph. says it all when it comes to speculating markets. I know where we stand at the moment in my view.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045302#426045302http://www.marketoracle.co.uk/images/2009/Mar/Money-Week_clip_image001.jpgmy favourite graph. says it all when it comes to speculating markets. I know where we stand at the moment in my view.Wed, 31 Mar 2010 07:04:06 -0500IrishladI can not disagree with you abouit London..It is absolutely**ers. I had a Solicitor client buy a 1 bed flat last year for £360000. Apparently it is now roth £400k... MADhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045298#426045298IrishladI can not disagree with you abouit London..It is absolutely**ers. I had a Solicitor client buy a 1 bed flat last year for £360000. Apparently it is now roth £400k... MADWed, 31 Mar 2010 05:48:29 -0500House price sin my area in london are now above peak levels with a house on our street on the market for 25% more than any house sold during the peak. And I know of other areas in London where prices are the same. I'm baffled by it but there doesn'thttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045278#426045278House price sin my area in london are now above peak levels with a house on our street on the market for 25% more than any house sold during the peak. And I know of other areas in London where prices are the same. I'm baffled by it but there doesn'tTue, 30 Mar 2010 07:29:24 -0500PaddletoeHouses are affordable in many areas now!Going forward modest house price growth/stagnation could catually see the value of a home fall in real terms.. I think now is not a bad time to buy a home, although I do agree that it is clear the Morthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045274#426045274PaddletoeHouses are affordable in many areas now!Going forward modest house price growth/stagnation could catually see the value of a home fall in real terms.. I think now is not a bad time to buy a home, although I do agree that it is clear the MortTue, 30 Mar 2010 05:44:13 -0500And yes chisel i want to buy a house with confidence but at the moment i have none. In my mind we are still in a phony recession with governments holding their finger in the dyke. Things need to get worse in the housing market before they can get bethttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729342/is-this-the-calm-before-the-storm-for-the-uk-housing-market?post_id=426045258#426045258And yes chisel i want to buy a house with confidence but at the moment i have none. In my mind we are still in a phony recession with governments holding their finger in the dyke. Things need to get worse in the housing market before they can get betMon, 29 Mar 2010 05:33:50 -0500