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AteMoose

Opdm - Number Of Bedrooms

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Just found this data on the OPDM website, it shows the decline of large houses and the rise of 2br flats, starting in 2001, people havent been able to afford large houses for a while... 1br flats make up a very small proportion of new builds.

Edited by moosetea

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Just found this data on the OPDM website, it shows the decline of large houses and the rise of 2br flats, starting in 2001, people havent been able to afford large houses for a while... 1br flats make up a very small proportion of new builds.

Yep, oversupply of these and undersupply of proper housing stock leads to a 2 tier market.

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Just found this data on the OPDM website, it shows the decline of large houses and the rise of 2br flats, starting in 2001, people havent been able to afford large houses for a while... 1br flats make up a very small proportion of new builds.

This is consistent with the rise in average monthly mortgage pay-offs relative to RPIX since 2002. People choose to substitute thier housing costs with other ways to boost up their well-being and possibly lifestyle. They are, basically, buying less of a house and more of other luxury goods. Basic economics in action.

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Yep, oversupply of these and undersupply of proper housing stock leads to a 2 tier market.

Disagree, 4 bedroom houses have seen a sharp decline but not to historic levels. the percentage of 4 bedrooms and more was climbing until houseprices exceeded long term averages. The amount by houseprices are overvalued seems to have an effect on the type of property built, a return to long term averages will cause larger houses to be built.

Edited by moosetea

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The LR stats say one thing to me: POOR VALUE IN THE MARKET. HPI has destroyed value for most buyers hence the growth in cheaper assetts but at the same prices as higher value assetts. Inflation cleverly masked behind assett devaluation. Nice con trick Gordon!

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  • 302 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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