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IF house prices fell 20% and held there for 5 to 7 years strain would be taken off the economy eventually.
House prices are a big problem for everyone in this country and the obsession with them is dragging us down
average house prices must be at least 180000 far too much for pokey flats or houses a family of chipmonks would find crowded.
if the average house was 144000 and kept there for sevral years more money would be spent across the economy bosting jobs and buisness based on the idea we buy a house to live in not to make a profit on
immagration simple points system but only get the best doctors and the likes of that stop main stream imigration tell brussels were full up like it or lump it
britons debt simple higher vat a** i know 20% for the next five year massive tax rises on banks for the next 7 years
crime simple bring back hanging tougher sentances with all assets siezed of criminals.good crimanals too work down the coal mines during there sentance that will get britain green again
failed managers bankers or anyone who works for failed big companies that get thousands put on the dole put them back on the shop floor so they can see what its like working for brain washed fools.Ban them from managment jobs
education simple spend more on it because our generation has failed we have nearly bankrupted the country and left future generations with misery and debt we owe the kids something class sizes no bigger than 15
house of lords ban the jobs for the boys ie for sir rupert or for sir giles sorry if anyone is working class called rupert or giles but you know what i mean
bbc tv license scrap it thieving robbing**s i pay for sky every other sky game to be made free so our kids can learn and maybe we can win the world cup in 2036 poor kids familys have no sky sports
the war on afghanastan pull out now unless there is oil there.
oh and one more thing politions who fiddled there expenses out now every single one of you rats
glad i got that off my chest
House prices are a big problem for everyone in this country and the obsession with them is dragging us down
average house prices must be at least 180000 far too much for pokey flats or houses a family of chipmonks would find crowded.
if the average house was 144000 and kept there for sevral years more money would be spent across the economy bosting jobs and buisness based on the idea we buy a house to live in not to make a profit on
immagration simple points system but only get the best doctors and the likes of that stop main stream imigration tell brussels were full up like it or lump it
britons debt simple higher vat a** i know 20% for the next five year massive tax rises on banks for the next 7 years
crime simple bring back hanging tougher sentances with all assets siezed of criminals.good crimanals too work down the coal mines during there sentance that will get britain green again
failed managers bankers or anyone who works for failed big companies that get thousands put on the dole put them back on the shop floor so they can see what its like working for brain washed fools.Ban them from managment jobs
education simple spend more on it because our generation has failed we have nearly bankrupted the country and left future generations with misery and debt we owe the kids something class sizes no bigger than 15
house of lords ban the jobs for the boys ie for sir rupert or for sir giles sorry if anyone is working class called rupert or giles but you know what i mean
bbc tv license scrap it thieving robbing**s i pay for sky every other sky game to be made free so our kids can learn and maybe we can win the world cup in 2036 poor kids familys have no sky sports
the war on afghanastan pull out now unless there is oil there.
oh and one more thing politions who fiddled there expenses out now every single one of you rats
glad i got that off my chest
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tip top is spot on , lives of many young people are being made a misery of and this country is effing full up.
House prices are a function of demand and supply.
The country needs 120,000 new houses a year for the population coming through. This figure was never reached even in the boom times and last year just 30,000 were built. Our planning laws are restrictive and the banks are not financing house building. So prices are not going to come down any time soon-if you cannot resort to the bank of dad you are struggling I'm afraid.
The country needs 120,000 new houses a year for the population coming through. This figure was never reached even in the boom times and last year just 30,000 were built. Our planning laws are restrictive and the banks are not financing house building. So prices are not going to come down any time soon-if you cannot resort to the bank of dad you are struggling I'm afraid.
So NR, if that was the case re 120,000 rise in population and only 30,000 new homes built my question would be-
-Given the birth rate and the death rate in the UK almost cancel each out ie their rates are very similar, the increase in population must be from immigration?
-Given this figure how many immigrants can afford to service a mortgage?
-Given there is over 23,000,000 homes in the UK (with some 500,000 vacant - latest census figures) what effect does say a shortage of 40,000 homes or .17 of 1% (!) make therfor in house prices?
quick answer - very little
So what drives house prices? -
1.Debt fueled speculation
2. Inflation
3. Governements liking for house price appreciation
-Given the birth rate and the death rate in the UK almost cancel each out ie their rates are very similar, the increase in population must be from immigration?
-Given this figure how many immigrants can afford to service a mortgage?
-Given there is over 23,000,000 homes in the UK (with some 500,000 vacant - latest census figures) what effect does say a shortage of 40,000 homes or .17 of 1% (!) make therfor in house prices?
quick answer - very little
So what drives house prices? -
1.Debt fueled speculation
2. Inflation
3. Governements liking for house price appreciation
More divorces, people living longer,immigration are all leading to an increased demand.
23 million houses not much for a 70million population which is where we are headed.
This country is not Spain or Ireland where stock now exceeds demand.
Unless we have net outward migration we have a problem for years to come.
There will be plenty buying property to rent in the knowledge that people have to live somewhere.
So- no house price collapse.
23 million houses not much for a 70million population which is where we are headed.
This country is not Spain or Ireland where stock now exceeds demand.
Unless we have net outward migration we have a problem for years to come.
There will be plenty buying property to rent in the knowledge that people have to live somewhere.
So- no house price collapse.
When the renters are all funded by social security are'nt we picking up our own housing bills.
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