Jump to content
House Price Crash Forum
Sign in to follow this  
TheCountOfNowhere

Nationwide Un-affordability Graph

Recommended Posts

I was hunting about for the nationwide (un)-affordability graph yesterday and couldnt find one anywhere, 2015 being the last I could find.

The data is here:

http://www.nationwide.co.uk/about/house-price-index/download-data#xtab:affordability-benchmarks

 

Under affordability Estinmates.

In 2007 the prices crashed at 5.4 (UK) and we're now at 5.3.

This is with IRs at 0 government schemes and QE handouts.

Prices are insane.

Here's 2007 peak stuopidity

  North Yorks & H North West East Mids West Mids East Anglia Outer SE Outer Met London South West Wales Scotland N Ireland UK
2007 Q4 4.3 4.6 4.4 4.6 4.9 5.2 5.7 5.7 7.1 6.0 5.0 4.1 7.6 5.4

 

and here's 2017

 

2017 Q2 3.3 3.7 3.8 4.5 4.6 5.3 6.1 7.2 10.2 6.1 4.0 3.3 3.9 5.3

 

You cans see why they are now pushing the "Northern citys to rise" message.  They thing people can afford to stretch a bit more there.

 

Midlands just about at breaking point.

Wales prices are dropping at the mo and they are at 4, below the 2007 collapse prices.

The jist of this is, indexes will be going up with Soth England is falling, keeping sentiment in SE higher than it should be. They might just hang on another 12 months before all out capitulation.

The government/bankers are f**king sick.

 

unafford.png

unafford2.png

Edited by TheCountOfNowhere

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   100 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.