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House Price Crash Forum


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About the_duke_of_hazzard

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    HPC Guru

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  1. It's a good job we didn't vote Corbyn in, as government spending would have rocketed :s
  2. Our business got multiple letters from various banks around the world telling us to prepare for negative interest rates.
  3. This. The ONS is a world-beating organisation. I once looked into how the CPI/RPI figures were created when people on here said they were fiddled. The transparency and thoroughness of the whole thing blew me away.
  4. I'd be interested to see London vs the rest of the nation...
  5. Tallies with this 2005 paper from the Fed: https://www.federalreserve.gov/pubs/ifdp/2005/847/ifdp847.htm
  6. https://www.telegraph.co.uk/property/uk/fears-fleeing-londoners-will-drive-regional-house-prices/amp/
  7. https://zwischenzugs.com/2020/07/25/the-halving-of-the-centre-covid-and-its-effect-on-london-property/
  8. To me, sitting here in London looking at prices falling, it's obvious: London is being hollowed out. The rises elsewhere is London money fleeing the capital. After this shockwave (2-3 years if people don't got back to the office 5 days a week), we'll see prices fall again around the country as wages adjust accordingly. Happy days for me, I've waited 20 years for prices to fall in London.
  9. Stranger things have happened. But I wouldn't put money on it.
  10. Right - a lot of governments will be making cash calls on their oligarchs to stave off riots. They will be even less likely than they have been in recent years to see the money slip out. Be interesting to see what the US does with its elite come November. Biden could try and soak the rich with the young behind him and buy off the poor helpless masses who previously voted Trump because globalization.
  11. Love the headline. "Rents falling fast... good news for tenants" - how stupid do they think we are?
  12. One of the many reasons I decided to put my money in shares was because it was much less work than property. Compared to the capital cost, renting is quite cheap. I'm quite happy to arbitrage accordingly. These are just market decisions, like any other.
  13. Never understood this... I've got two kids (12 and 13) and they've grown up in rented houses. I never realised that this was against biology.
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