The UK housing market
#61
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The UK housing market
NG is just one aspect of why our house prices are so high
Getting rid of it might have some benefits but there will be downsides - there always is
Other countries do not have it and their markets are becoming unaffordable - and they have higher rents
If NG is keeping investors in and first home buyers out then tough titty - that's the market
As long as my house price stays high I don't give a shit
Getting rid of it might have some benefits but there will be downsides - there always is
Other countries do not have it and their markets are becoming unaffordable - and they have higher rents
If NG is keeping investors in and first home buyers out then tough titty - that's the market
As long as my house price stays high I don't give a shit
#63
Re: The UK housing market
You seem to think that removing it will be the total answer to high house prices
It might have some effect for a while but we will just carry on with increasing prices - and much higher rents
Interest rates and increasing supply are the best way to control house prices
Looking at the UK, Ireland, Canada shows us this
#64
Lost in BE Cyberspace
Joined: Dec 2010
Posts: 14,040
Re: The UK housing market
NG is reality is not a good system
You seem to think that removing it will be the total answer to high house prices
It might have some effect for a while but we will just carry on with increasing prices - and much higher rents
Interest rates and increasing supply are the best way to control house prices
Looking at the UK, Ireland, Canada shows us this
You seem to think that removing it will be the total answer to high house prices
It might have some effect for a while but we will just carry on with increasing prices - and much higher rents
Interest rates and increasing supply are the best way to control house prices
Looking at the UK, Ireland, Canada shows us this
#65
Re: The UK housing market
No I have a problem with the 7 billion that could be put to better uses. I now rent a beautiful apartment that last sold for 1.2 million. NG makes me a winner. But its not about me. Its about being smart and not artificially inflating property prices and lowering rental prices where the tax payer pays for this artificial shite.
#66
BE Enthusiast
Joined: Sep 2003
Location: Adelaide
Posts: 716
Re: The UK housing market
I am in the U.k. Right now and have to say the market is really on the up homes are selling very quickly and still very expensive if you are wanting to live in a good area.
#67
Banned
Thread Starter
Joined: Aug 2008
Posts: 22,348
Re: The UK housing market
It'll be interesting to see how things pan over the next few months.
UK house prices rising at fastest pace in 27 years - Telegraph
UK house prices rising at fastest pace in 27 years - Telegraph
#68
Re: The UK housing market
It'll be interesting to see how things pan over the next few months.
UK house prices rising at fastest pace in 27 years - Telegraph
UK house prices rising at fastest pace in 27 years - Telegraph
I wonder what PWC is saying now. This article from 13 Jul 2010.
UK house prices not set to recover for another ten years, says PWC - Telegraph
#69
Banned
Thread Starter
Joined: Aug 2008
Posts: 22,348
Re: The UK housing market
I wonder what PWC is saying now. This article from 13 Jul 2010.
UK house prices not set to recover for another ten years, says PWC - Telegraph
UK house prices not set to recover for another ten years, says PWC - Telegraph