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Susan Grant

High House Prices Are Good For The Economy

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Since the Bank of England was given the independence to set interest rates the British economy has enjoyed a record period of economic stability. The Bank of England has been given much credit for the decisive actions that they have taken in adjusting interests rates to stimulate the economy whenever problems in the global economy threatened to derail the British economy. The MPC who decide interest rates at the Bank of England deserve particular credit in creating the economic conditions which means that interest rates are at historical lows.

Some members of the MPC argued that interest rates should be lowered to give growth a chance and members like Kate Barker have suggested that improvements in productivity and the introduction of new technology means that the economy is more efficient and can grow much faster than it did in the past without threatening economic stability.

The critics of the Bank of England said that low interest rates have over-stimulated the consumer sector and in particular have pushed up house prices and created an imbalanced economy in which there is growth in consumer spending and sharp rises house prices but manufacturing remains in the doldrums. The former Governor of the Bank of England Eddie George replied to his critics by saying that a two speed economy is better than none, and that an imbalanced economy is the price worth paying to keep the economy moving.

High house prices are good for the economy because this causes consumer confidence to rise and encourages consumer spending and helps to keep the economy moving. Although house prices have risen steeply in recent years, with house prices trebling over the past eight years, houses are still affordable because of the low interest rates and sharp rises in incomes. The cost of home ownership is no more now than they were eight years ago because the cost of servicing the debt is so much less than they used to be because of the historically low interest rates and high incomes.

Homeowners are continuing to enjoy rises in house prices and the people who are missing out are the first time buyers and those who sold to rent and these people are just green with envy and jealous that homeowners are getting richer and richer whereas those who do not have a foot on the property ladder can only look on in disbelief as house prices continue to rise and they will continue to pay dead money in rent whilst waiting for a fall in house prices that isn't going to happen.

The days of low house prices are well and truely over and a thing of the past and high house prices are something that people will just have to become accustomed to.

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Since the Bank of England was given the independence to set interest rates the British economy has enjoyed a record period of economic stability. The Bank of England has been given much credit for the decisive actions that they have taken in adjusting interests rates to stimulate the economy whenever problems in the global economy threatened to derail the British economy. The MPC who decide interest rates at the Bank of England deserve particular credit in creating the economic conditions which means that interest rates are at historical lows.

Some members of the MPC argued that interest rates should be lowered to give growth a chance and members like Kate Barker have suggested that improvements in productivity and the introduction of new technology means that the economy is more efficient and can grow much faster than it did in the past without threatening economic stability.

The critics of the Bank of England said that low interest rates have over-stimulated the consumer sector and in particular have pushed up house prices and created an imbalanced economy in which there is growth in consumer spending and sharp rises house prices but manufacturing remains in the doldrums. The former Governor of the Bank of England Eddie George replied to his critics by saying that a two speed economy is better than none, and that an imbalanced economy is the price worth paying to keep the economy moving.

High house prices are good for the economy because this causes consumer confidence to rise and encourages consumer spending and helps to keep the economy moving. Although house prices have risen steeply in recent years, with house prices trebling over the past eight years, houses are still affordable because of the low interest rates and sharp rises in incomes. The cost of home ownership is no more now than they were eight years ago because the cost of servicing the debt is so much less than they used to be because of the historically low interest rates and high incomes.

Homeowners are continuing to enjoy rises in house prices and the people who are missing out are the first time buyers and those who sold to rent and these people are just green with envy and jealous that homeowners are getting richer and richer whereas those who do not have a foot on the property ladder can only look on in disbelief as house prices continue to rise and they will continue to pay dead money in rent whilst waiting for a fall in house prices that isn't going to happen.

The days of low house prices are well and truely over and a thing of the past and high house prices are something that people will just have to become accustomed to.

Wow..never thought of it like that...gee..thanks :lol::lol: I can`t be bothered de-bunking this proposterous nonsense..I`m just too jealous :P

Edited by Converted Lurker

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yep there was a susan grant on housepricechat.co.uk months ago

very much the same cut + paste posting style :rolleyes:

Why has this person taken the trouble to join this site and post like this.

Is there a rational explanation please, what is it that she intends to acheive?

Could anyone here be bothered to behave like this?

If I knew as a fact, as this person does, that house prices would always go up and could never fall, then rather than posting here i'd be out buying houses. I would be keeping it to myself and not telling anyone else about it so I could get in first.

Whats it for?

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Since the Bank of England was given the independence to set interest rates the British economy has enjoyed a record period of economic stability. The Bank of England has been given much credit for the decisive actions that they have taken in adjusting interests rates to stimulate the economy whenever problems in the global economy threatened to derail the British economy. The MPC who decide interest rates at the Bank of England deserve particular credit in creating the economic conditions which means that interest rates are at historical lows.

Some members of the MPC argued that interest rates should be lowered to give growth a chance and members like Kate Barker have suggested that improvements in productivity and the introduction of new technology means that the economy is more efficient and can grow much faster than it did in the past without threatening economic stability.

The critics of the Bank of England said that low interest rates have over-stimulated the consumer sector and in particular have pushed up house prices and created an imbalanced economy in which there is growth in consumer spending and sharp rises house prices but manufacturing remains in the doldrums. The former Governor of the Bank of England Eddie George replied to his critics by saying that a two speed economy is better than none, and that an imbalanced economy is the price worth paying to keep the economy moving.

High house prices are good for the economy because this causes consumer confidence to rise and encourages consumer spending and helps to keep the economy moving. Although house prices have risen steeply in recent years, with house prices trebling over the past eight years, houses are still affordable because of the low interest rates and sharp rises in incomes. The cost of home ownership is no more now than they were eight years ago because the cost of servicing the debt is so much less than they used to be because of the historically low interest rates and high incomes.

Homeowners are continuing to enjoy rises in house prices and the people who are missing out are the first time buyers and those who sold to rent and these people are just green with envy and jealous that homeowners are getting richer and richer whereas those who do not have a foot on the property ladder can only look on in disbelief as house prices continue to rise and they will continue to pay dead money in rent whilst waiting for a fall in house prices that isn't going to happen.

The days of low house prices are well and truely over and a thing of the past and high house prices are something that people will just have to become accustomed to.

Was this day one of the Foxtons training course?

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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