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House Price Crash Forum


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About Eddie_George

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  1. https://ftalphaville.ft.com/2018/10/15/1539577800000/No--the-housing-crisis-will-not-be-solved-by-building-more-homes/ (Google the title if you don't want to sign up)
  2. Eddie_George

    Online agency Hatched closes

    Must have huge internal VI to keep the high street stores. So be it. They're doomed, just like Blockbuster.
  3. Remain promised us this after the Brexit vote, but quelle surprise, it never happened. It's just more Project Hysteria.... https://www.theguardian.com/politics/2016/may/20/eu-referendum-george-osborne-house-prices-brexit ... In addition to a year-long recession and 820,000 jobs lost within two years. https://www.bbc.co.uk/news/uk-politics-eu-referendum-36355564
  4. Eddie_George

    Help to Save

  5. Eddie_George

    London - terminal decline?

    I don't think this is limited to London. In rural areas crime is rampant, and very few cases are solved. Rural crime soars as thieves target farms and country businesses https://www.telegraph.co.uk/news/2018/08/05/rural-crime-soars-thieves-target-farms-country-businesses/ No-one charged in 9 out of 10 crimes - Home Office https://www.bbc.co.uk/news/uk-44884113 Gangsters flown in to loot British homes https://www.thetimes.co.uk/article/burglary-tourists-arelooting-homes-ntgnjqpsq
  6. No deal Brexit could cause national SPERM shortage, government documents warn A no deal Brexit could slow the flow of Danish semen into the UK https://www.mirror.co.uk/news/politics/no-deal-brexit-could-cause-13130489
  7. Eddie_George

    Jeremy Corbyn wants two BBCs.

    How does his wife feel about this?
  8. Eddie_George

    University Bubble Making Hissing Sounds

    Google, Apple and 13 other companies that no longer require employees to have a college degree https://www.cnbc.com/2018/08/16/15-companies-that-no-longer-require-employees-to-have-a-college-degree.html
  9. Eddie_George


  10. Anything but stopping the flow of easy money.
  11. Eddie_George

    IO Self-Cert tale of woe

    I think it's this one: Data from https://houseprices.io/
  12. Eddie_George

    IO Self-Cert tale of woe

    Yes, that's definitely the place. The trellis and planters are still in the same position as the photo.
  13. Eddie_George

    MP argues hpi is damaging

    Of course there's scarcity, otherwise house prices would trend to zero. You've just invalidated your own argument -- prices are determined by credit availability. Prices haven't fallen as much as they should have because the Government has released a whole range of props that have reduced foreclosure (e.g. SMI) and the many forms of HTB that have kept the Ponzi going. Please tell me, what happened at the end of the eighties or in 2009 when house prices fell more than 15% YoY? Was that caused by mass house-building, or a mass exodus of people from the country? No, it was because banks stopped lending.

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