@contradevian Posted May 12, 2011 Share Posted May 12, 2011 Bound to bring a tear to HPC eyes: The housing market is, almost certainly, a bubble. As the graph of inflation-adjusted house prices above (taken from HousePriceCrash.co.uk) shows, there has been a steady rise in the real cost of a home over the past fifteen years. Like most other bubbles, it is a product of sustained government policies designed to privilege a special interest group – in this case, homeowners. http://www.adamsmith.org/blog/tax-and-economy/time-to-let-the-housing-bubble-burst/ Sorry if already posted! Quote Link to comment Share on other sites More sharing options...
South Lorne Posted May 12, 2011 Share Posted May 12, 2011 (edited) ...used HPC's HP graph and provides link to the forum.... ...ed: oops sorry included in your post.... Edited May 12, 2011 by South Lorne Quote Link to comment Share on other sites More sharing options...
WageslaveX14 Posted May 12, 2011 Share Posted May 12, 2011 That's a very succinct and well-written piece which explains the madness of Britich housing policy in a nutshell. Will the policy change? Will it f*** Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 12, 2011 Share Posted May 12, 2011 ...used HPC's HP graph and provides link to the forum.... ...ed: oops sorry included in your post.... And most likely to be read by us and bu*gger all else Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 12, 2011 Share Posted May 12, 2011 Was it this Adam West? Ah, Adam Smith. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 12, 2011 Share Posted May 12, 2011 And most likely to be read by us and bu*gger all else Go post it on estateagent today, go on, go on, go on... Quote Link to comment Share on other sites More sharing options...
_w_ Posted May 12, 2011 Share Posted May 12, 2011 Like most other bubbles, it is a product of sustained government policies designed to privilege a special interest group – in this case, homeowners mortgage borrowers. Quote Link to comment Share on other sites More sharing options...
Vested Disinterest Posted May 12, 2011 Share Posted May 12, 2011 Thanks - sent the link to my MP! I moan to her about house prices several times a year. Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted May 12, 2011 Share Posted May 12, 2011 Thanks - sent the link to my MP! I moan to her about house prices several times a year. Does she moan back? What on earth are you two up to? Does the Daily Mail know - they love a good house price angle! Quote Link to comment Share on other sites More sharing options...
@contradevian Posted May 12, 2011 Author Share Posted May 12, 2011 Does she moan back? What on earth are you two up to? Does the Daily Mail know - they love a good house price angle! Maddie Burst's House Price Bubble! Or would that be the Express headline? I'm confused. Quote Link to comment Share on other sites More sharing options...
@contradevian Posted May 12, 2011 Author Share Posted May 12, 2011 Thanks - sent the link to my MP! I moan to her about house prices several times a year. She must love you! Quote Link to comment Share on other sites More sharing options...
rantnrave Posted May 12, 2011 Share Posted May 12, 2011 Go post it on estateagent today, go on, go on, go on... Oh alright then... http://www.estateagenttoday.co.uk/news_features/House-sellers-cutting-more-off-their-asking-prices Quote Link to comment Share on other sites More sharing options...
guitarman001 Posted May 13, 2011 Share Posted May 13, 2011 I sent my local MP a massive e-mail just now with a link to this - thanks! Quote Link to comment Share on other sites More sharing options...
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