hp72

And that is from 2022 while we still had record low interest rates. On that map, my area is 12.1x

Don't know how many people on this forum are medical professionals, but here is the opinion of multiple general practitioners, pediatricians, oncologist etc.. https://odysee.com/@cryptorich:e/doctorssayno:5

Don't forget that figures in December are reporting on November completions. With mortgage offers valid for up to 6-months, this could reflect offers made in May, before the mini budget and interest rate hikes really got going.. it will take at least another 4 months for figures to reflect the increased rates in my humble opinion. So keep your eyes on march to see the real impact.

Not looking great for nightclubs either. https://www.dailymail.co.uk/news/article-11411815/One-nightclub-closes-two-days-decline-NO-clubs-left-Britain-2030.html The last dance: One nightclub closes every two days in a decline that will see NO clubs left in Britain by 2030 as owners blame energy bills and business rates

Not quite true. If you have a prepayment meter, you can apply the vouchers to electricity and / or gas. https://www.moneysavingexpert.com/news/2022/08/how-energy-suppliers-will-pay-the-p400-cost-of-living-support-pa/

Good call Mike. Please can I borrow your crystal ball? 😁

It's been updated..

OK, Which one of you is "SwanBuster"?? (Reference to the Black Swan?) https://www.mumsnet.com/talk/am_i_being_unreasonable/4605305-to-think-the-amount-available-to-borrow-for-a-home-is-going-to-be-slashed The general air of the thread (Which is fairly accepting of a stall / drop in HP's) made me think it was someone from here or ToS. What nailed it for me was "But the very, very best homes are a vanishingly small amount of the overall housing stock. An identikit Taylor Wimpey executive shitbox is not."

Haha, I wish I lived on the Isle of Man and had a lovely wife like he does!

Been following this guy for quite a while. He analyses economies, houses, Investments etc. Ex army guy, British. Seems he's been on here!

Nice areas like Winchester appear to be dropping.. https://www.hampshirechronicle.co.uk/news/20231026.hampshire-property-winchester-house-prices-dropped-south-east-average-april/ HOUSE prices dropped by 4 per cent – more than the average for the south east – in Winchester in April, new figures show. But the drop does not reverse the longer-term trend, which has seen property prices in the area grow by 8.7 per cent over the last year.

The CDOs used in the previous crash have been replaced by MBS which is mortgage backed securities + the fed has been underwriting mortgages.. https://www.investopedia.com/ask/answers/040815/are-all-mortgage-backed-securities-mbs-also-collateralized-debt-obligations-cdo.asp https://www.dallasfed.org/research/economics/2021/0826.aspx "Fed’s Mortgage-Backed Securities Purchases Sought Calm, Accommodation During Pandemic W. Scott Frame, Brian Greene, Cindy Hull and Joshua Zorsky August 26, 2021 The Federal Reserve quickly responded to significant financial market disruption at the onset of the COVID-19 pandemic in March 2020, providing stability in a variety of ways. This included large-scale purchases of U.S. Treasuries and agency mortgage-backed securities (MBS)."

A bit of "blue sky" thinking here... let's look for a solution, and not argue about the causes... 1. Smart meters for gas and electricity are mandated. The first "x" kwh per month (adjusted for climate norms) is "£y" per kwh. Then a tiered pricing system based on each additional band of (example) 200kwh per month, increasing as usage increases. 2. For the lower-income folks, increasing subsidy allocations _which can only be used for household energy efficiency_ to build up a long term stock of accommodation which is energy efficient. Not sure how this would work with landlords - maybe low-rent, low-efficiency properties get credits to the tenant which can be substituted for rent payments? Should focus a few minds? Just putting it out there...

"Behold a pale horse" https://www.rollingstone.com/politics/politics-features/william-cooper-conspiracy-theory-711469/ 🤔