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John The Pessimist

Who Will Mend The Uk Property Market?

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Rocketing house prices are not a sign of a healthy market. Steady long-term growth is the obvious prescription, achieved by rising wages, inflation, credit availability and a plentiful injection of housing stock.

So.... basically a "healthy" housing market is one where prices remain at the astronomical high levels they're at, and simply go up slowly from that point on.

LOL.

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Since interest rates can't be lowered and mortgage rates can't fall from here. It will take about 1/2 decades for house prices to correct with wage inflation.

That is unless BRICS force a rate rise.

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From the first chart in the telegraph article it's as if the chart time frame on the number of UK houses being built stopped at 2013. Maybe because the numbers have more or less continued to flatline since then.

How difficult can it be for an organisation like the telegraph to update the chart to 2015 unless it's also trying to mask the picture version of the facts in the last 2 years.

Edited by billybong

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So.... basically a "healthy" housing market is one where prices remain at the astronomical high levels they're at, and simply go up slowly from that point on.

LOL.

Yep, that is the media/official line it seems. I am prepared to bet against this being sustainable (by renting) and believe that the collapse when it comes will be magnified by all the meddling and fantasy economics.

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Ed Miliband and Nicola Sturgeon.

But they won't set out to do it.

QT was interesting last night, some of the audience were looking at Swinney as if the Bogey Man had just walked in from the mist shrouded moor and sat down in their living room. The fear among the establishment is palpable too.

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QT was interesting last night, some of the audience were looking at Swinney as if the Bogey Man had just walked in from the mist shrouded moor and sat down in their living room. The fear among the establishment is palpable too.

Missed it, but yes, the fear is strong.

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Missed it, but yes, the fear is strong.

He is talking about "ending austerity" as if he will just flip a switch, and some of the audience seem to think we have just lived through a re-run of the 1930`s and are blaming the Tories (or the Torrrrrries as Nicola likes to say) Hopefully we are close to a point where none of the parties can agree and we get some sort of economic crisis off the back of this?

Edited by dances with sheeple

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Harperson shouting last night that they won`t work with the SNP! Crisis of government should feed a crisis of the economy and in turn houseprices?

Yes.

I was hoping full on unadulterated Ed(s) would do it, but a good dollop of Jimmy Krankie on the side, should get a few international sphincters twitching.

There's no way this madness will be addressed voluntarily.

So chaos and vacuum are the only hope.

If you can call it that.

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Yes.

I was hoping full on unadulterated Ed(s) would do it, but a good dollop of Jimmy Krankie on the side, should get a few international sphincters twitching.

There's no way this madness will be addressed voluntarily.

So chaos and vacuum are the only hope.

If you can call it that.

Swinney always reminds me of a geography teacher, stuck in the wilderness with his class after some accident on an outdoor course or something, trying to appear calm and in control, but really way out of his depth.

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Swinney always reminds me of a geography teacher, stuck in the wilderness with his class after some accident on an outdoor course or something, trying to appear calm and in control, but really way out of his depth.

Andrew Neil normally rips him to bits too.

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Andrew Neil normally rips him to bits too.

Saw him ripping someone from the SNP to bits recently, on the Daily Politics, about how much they needed high oil prices to make their sums work. Looking at Swinney and Sturgeon it is obvious they live and breathe for an independent Scotland, all the talk about "working for the UK" is just there to take them closer to the goal, but Miliband wants to be PM equally as bad, so these two opposing forces will collide at some point in a coalition I think, and then the fun starts.

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He is talking about "ending austerity" as if he will just flip a switch, and some of the audience seem to think we have just lived through a re-run of the 1930`s and are blaming the Tories (or the Torrrrrries as Nicola likes to say) Hopefully we are close to a point where none of the parties can agree and we get some sort of economic crisis off the back of this?

Yes. I find it tragically amusing that the SNP (and others) think that a. what we have now is actually austerity and b. that it has been introduced out of spite by the Tories, as if the government is like a mother who has taken a child's sweets away for no good reason.

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Ed Miliband and Nicola Sturgeon.

But they won't set out to do it.

This.

It's all going to happen fairly quickly from the election onwards. We are going to experience interesting times.

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