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House Price Crash Forum


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About KevinRawlinson

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    HPC Newbie
  1. This has already been posted in another topic, but I promised I would... http://www.independent.co.uk/news/uk/politics/its-time-to-give-up-the-dream-of-home-ownership-says-minister-1838189.html As you can see, there has been a fall in the number of people who do own their own homes and the housing minister believes that the era in which all Britons aspire to own their own home may be coming to an end, adding: "I'm not sure that's such a bad thing." I'm sure that will provoke some lively debate...
  2. Thanks for comments and good luck with the house search. Re: the question in brackets, I won't say too much at the moment but read tomorrow's Independent, the main news piece will probably be of interest.
  3. I'm not even a leading journalist... All true, no doubt. But fundamentally, didn't prices fall because there was a drop in demand? You say that people were able to take out subprime mortgages they couldn't afford. More people were able to buy - pushing prices up. Then when credit dried up, people couldn't buy as easily, meaning that demand fell. What you say here, I agree with (broadly). What I don't get is how you think that isn't anything to do with supply and demand...
  4. I don't think I'm that charming: I couldn't even trick her into paying for the drinks
  5. Neither, particularly. In my lifetime, house prices have never gone down significantly nor even looked like they would. So, that would lead you to think that they never could. However, the market mechanism is such that , if there were a rise in supply relative to demand or a fall in demand relative to supply because of, for example, a huge, sudden drop in population, house prices would go through the floor. As always though, there are a million other things to take into consideration - markets are very rarely pure. For example, people have attachments to their homes which economic purists w
  6. Hello, Apologies, I have just finished writing. I found a few suitable case studies quite early on and have had my head down ever since. My thanks to everyone on the forum who replied, I will also email those who contacted me directly to thank them. I also have to wait a certain amount of time between posts - hence the time it is taking me to get back to people. I will try to post a link here tomorrow but if anyone asks, I told you all to buy the paper!
  7. Bonjour, Indeed, I write on general topics but I do have a background in Economics.
  8. Ah, my past almost comes back to haunt me! That was to rent, not to buy. I am in the 'would like to but cannot afford to' boat. If someone approaches you purporting to be me, please do ask for photographic identification...best to be safe.
  9. Hello, thanks for the comments. Different aspects of the newspaper's overall coverage of this story are being written by different colleagues. For my part, I am covering the first person angle. Therefore, the extent of the research I need to do is to speak to a glamourous assistant, ask them questions and take down their answers. I would invite you to read the piece tomorrow morning and decide then whether or not we had enough time to produce something informed in itself and something which, hopefully, informs the public at large.
  10. Hello all, I am a reporter with The Independent. I am trying to find a case study for tomorrow's paper - someone who is currently renting but who is keen to buy. I have just spoken to Paul Holmes at firstrung.co.uk who told me that this forum would be a good place to post. Could any takers please email me on k.rawlinson@independent.co.uk Regards, Kevin
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