Monday, Apr 30, 2007
What will this do to the housing market?
CityWire: Increasing life expectancy impacts on housing market
Good news for mortgage intermediaries – Alliance & Leicester is predicting that increasing life expectancy will result in more families moving house more often to cope with adult children remaining at home as well as dependent elderly relatives.
Posted by nearly30 @ 08:35 PM (47 views) Add Comment
6 Comments
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1. enuii said...
We truly are moving backwards as a society, just fancy Mum Dad, incontinent Grandma, Children in their 30's and perhaps even the odd Grandchild under the same tiny roof. It will be just like Victorian times again, after all last weeks news stated that the UK wealth gap was back to the level it was in 1937 and we are still sliding backwards!
2. sold 2 rent 1 said...
Hmmmmm 1937 eh.
1937 is a significant year in my book.
7-8 years after the stock market peak and ready for another crash.
Does this sound familiar?
3. Scott said...
1930s eh. Perhaps we will see a return of the Nazis as well. But seriously, the Nazis only came to power because Germany was in such a bankrupt state and people voted for a party that promised better times and affordable housing. The Soviet revolution occured under similar circumstances. Is anyone stupid enough to believe this will not happen again just because we have the internet, sky tv and cellular phones? The upcoming crash will be very interesting. The UK economy and housing market are wrapped together so we will experience a double crash.
4. nearly30 said...
Scott - now you're getting me nervous - watch the polls this Thurs - bet you see more BNP councillors - esp in good olde Stoke-on-Trent (sorry Smoke-on-Stench) - your olde neck of the world.
5. Scott said...
I believe the BNP will never get power, but their growing support will eventually cause the major parties to adopt their policies or risk defeat. It would certainly reinvigorate the conservative party as they have no other ammunition left.
6. paul said...
Stoke has always been fiercely white middle class. Decades of industrial decline in the area have contributed to that. Not everyone can work in the potteries or become Robbie Williams, so it's always been ripe ground for the BNP.
I think the question of the existence of a HPC is beyond question - IMHO it has started already. It is a shame that places like Stoke will be hit hardest - prices have been steadily declining there for over a year now.