mh0703 Posted November 11, 2017 Share Posted November 11, 2017 Nice to see this bear food in the mainstream mediaBuying and renting: Your biggest financial decision - in 10 charts Your biggest financial commitment is your home. Here is the story of the last 10 years in 10 charts. Quote Link to comment Share on other sites More sharing options...
fuzzy_bear Posted November 11, 2017 Share Posted November 11, 2017 So in summary: With the exception of London & the SE, house prices are cheaper in real terms than 10 years ago In a number of areas house prices are cheaper in absolute terms than they were 10 years ago More people are buying homes to live in rather than an investment. Almost resembles a normal housing market. Just a pity wages haven't kept up with inflation. Quote Link to comment Share on other sites More sharing options...
Barnsey Posted November 11, 2017 Share Posted November 11, 2017 (edited) Hilarious, comparing one bubble with another. How about 2012 to now? Edited November 11, 2017 by Barnsey Quote Link to comment Share on other sites More sharing options...
spyguy Posted November 11, 2017 Share Posted November 11, 2017 Rightmovee have a great tool - prices paid, transaction numbers, that goes back to 2002. Does a nice chart. I enter my local, northern, postcode. You see a spike 2002-2006 - broens idiot boom. Then transaction fall off a cliff a never recocer, running at 30-50% what youd expect. But the prices paid are level for 12years, about 20% off in real terms. When you chat to people you get yhe doubled, shooting up etc. They barely sell. And this is just at the start of mmr. Quote Link to comment Share on other sites More sharing options...
HowMuch! Posted November 11, 2017 Share Posted November 11, 2017 2007, the starting point for any house price stats... Quote Link to comment Share on other sites More sharing options...
thewig Posted November 11, 2017 Share Posted November 11, 2017 what the scumbag beeb will never do is waver from the establishment "supply and demand innit bruv" narrative They will always spew their #vile propaganda of "not enough land, we cannot build enough homez" Quote Link to comment Share on other sites More sharing options...
thewig Posted November 11, 2017 Share Posted November 11, 2017 4 minutes ago, HowMuch! said: 2007, the starting point for any house price stats... its like how football began in 1992 or whenever sky got in Quote Link to comment Share on other sites More sharing options...
nayth Posted November 11, 2017 Share Posted November 11, 2017 The intergeneration problem summed up in one chart: Quote Link to comment Share on other sites More sharing options...
Wayward Posted November 11, 2017 Share Posted November 11, 2017 Why choose 2007 to 2017 - are we to believe this is just because its a convenient ten years? why not 1997 to 2017 and make it twenty years and get a completely different story of nose bleed deliberate wealth reallocation between generations and the poor to the wealthy...that's the story...why don't they tell it? Or choose five years to illustrate the cynical manipulation of the market in recent years to get this wealth reallocation back on track... Quote Link to comment Share on other sites More sharing options...
Thorn Posted November 11, 2017 Share Posted November 11, 2017 It's as if the boomers who own everything now are being allowed to feed off everybody else. Quote Link to comment Share on other sites More sharing options...
Bear Hug Posted November 12, 2017 Share Posted November 12, 2017 12 hours ago, Barnsey said: Hilarious, comparing one bubble with another. How about 2012 to now? Exactly my first thought on opening the article Quote Link to comment Share on other sites More sharing options...
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