Jump to content
House Price Crash Forum

Buying and renting: Your biggest financial decision - in 10 charts


Recommended Posts

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. 

Link to comment
Share on other sites

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.

Link to comment
Share on other sites

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...

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Recently Browsing   0 members

    No registered users viewing this page.

  • Create New...

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.