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DarkHorseWaits-NoMore

Renegade Inc: Why YOU can’t afford a home!

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Thought this might have some relevance on HPC:

Quote

The average Briton is only ever about two sentences away from discussing house prices. Why? Because the British land market is utterly dysfunctional. When Thatcher resuscitated the idea of a ‘property owning democracy’, not even she could have imagined the scale of inequality that those three words would drive. So, we ask how did we get here and why, in the world’s fifth largest economy, can so few people afford to buy their own home? Ross Ashcroft is joined by the Valuation Specialist at the Bank of England, Dean Buckner, and writer and economist Josh-Ryan Collins.

Video: https://www.rt.com/shows/renegade-inc/446043-uk-house-prices-inequality/

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15 hours ago, DarkHorseWaits-NoMore said:

The average Briton is only ever about two sentences away from discussing house prices. Why?

I do not think this is at all true - obviously this a forum about house prices so it is discussed here.  Personally when I am with mates and family it is not a subject that is oft mentioned.  Sport, the local pubs, what we are doing for holiday, day to day stuff are the usual topics.  

I* doubt that all the people here talk about house prices all the time when they are out either.  

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3 hours ago, Saving For a Space Ship said:

 A good discussion imo. 

The bit on the 'no neg equity guarantee' 22.15 in or 23.50 for crunch of the problem  was interesting

https://www.rt.com/shows/renegade-inc/446043-uk-house-prices-inequality/

Not had chance to watch the linked vid but the idea of a no NE guarantee has to be fantasy or something the state can try to achieve for only so long...?

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  • 297 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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