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doric-woman

Scotland Prices Up 11% Yoy

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Its not a problem for Scotland as employment is high with Gordon "Miracle Economy" Brown's government employment program. I am sure wages have risen by a commensurate amount to enable people to afford a 11% increase together with the 40% increase so far this year for gas and electricity and the huge rise in council tax about to land on them. :D

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YOY growth may be evident in scotland for some time as the previous high rises 'work themselves out'.

It may not take as long as people think, however, thanks to double digit falls in the last quarter in some areas of scotland.

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Apparently, the Scottish Executive is really keen to get Scots to come back to land of their origin.

But how can you expect them to come back when living standards are so low compared to so many other OECD countries - the only way of maintaining a middle class lifestyle in Gordon Brown´s miracle economy is to go ever deeper into debt.

Bleak demographics are frequently cited as a cause of concern - the Highlands now seem to be a top retirement location for people from the South of England with no children to provide dynamism and not much interest in preserving the local culture and communities. The place has changed beyond recognition from how I knew it in my childhood - for the worse.

The Highlands and Islands region may look cheap compared to the UK national average but wages are very low and jobs frequently limited to the tourist season.

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Apparently, the Scottish Executive is really keen to get Scots to come back to land of their origin.

But how can you expect them to come back when living standards are so low compared to so many other OECD countries - the only way of maintaining a middle class lifestyle in Gordon Brown´s miracle economy is to go ever deeper into debt.

Bleak demographics are frequently cited as a cause of concern - the Highlands now seem to be a top retirement location for people from the South of England with no children to provide dynamism and not much interest in preserving the local culture and communities. The place has changed beyond recognition from how I knew it in my childhood - for the worse.

The Highlands and Islands region may look cheap compared to the UK national average but wages are very low and jobs frequently limited to the tourist season.

More 2nd home blight there then. Ruined the West country and now the greedy beggars want to ruin the land of Gordon? Price out the local scum so the wealthy elites can enjoy a "hice in the country" on the occasional weekend during grousing season?

The true face of NuLabour and their champagne backers.

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YOY growth may be evident in scotland for some time as the previous high rises 'work themselves out'.

It may not take as long as people think, however, thanks to double digit falls in the last quarter in some areas of scotland.

Double digit falls in last quarter? Where?

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Same here Billy - a lot of property is sticking now at the higher price range.

Have you compared some of the prices people are wanting now in the counties around Glasgow with what you can buy in the Home Counties? There is often nothing between them pricewise which is very frightening given the wage structure up here.

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Same here Billy - a lot of property is sticking now at the higher price range.

Have you compared some of the prices people are wanting now in the counties around Glasgow with what you can buy in the Home Counties? There is often nothing between them pricewise which is very frightening given the wage structure up here.

Average salary in Edinburgh £23,000

Average house price in Edinburgh is £200,000

Sprinkle in the fact that Scotland has the only falling population in the UK, _despite_ immigration!

And then top it off with an army of BTL speculators driving up prices and leaving rents pretty much where they have been for the last 10 years or so.

What do you have, a nice big lardy House Price Crash pie.

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Average salary in Edinburgh £23,000

Average house price in Edinburgh is £200,000

Sprinkle in the fact that Scotland has the only falling population in the UK, _despite_ immigration!

And then top it off with an army of BTL speculators driving up prices and leaving rents pretty much where they have been for the last 10 years or so.

What do you have, a nice big lardy House Price Crash pie.

I am not sure if this has been posted!

STILL YOUR BEST BET FOR MAKING LOADS OF CASH

And figures released through the Executive yesterday indicate that there is no let-up in the steady and long-term growth rate for house prices here.

Contrary to popular belief, the unique nature of the Scottish market does not mean doom and gloom for first-time buyers.

"The fact is that everyone in Scotland can afford to buy so long as they have a job.

"Even someone on low wages can still buy a house and that is the truth of the matter in Scotland.

"We have not gone beyond that point yet and let's hope we never do."

http://www.dailyrecord.co.uk/news/tm_objec...-name_page.html

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I am not sure if this has been posted!

STILL YOUR BEST BET FOR MAKING LOADS OF CASH

And figures released through the Executive yesterday indicate that there is no let-up in the steady and long-term growth rate for house prices here.

Contrary to popular belief, the unique nature of the Scottish market does not mean doom and gloom for first-time buyers.

"The fact is that everyone in Scotland can afford to buy so long as they have a job.

"Even someone on low wages can still buy a house and that is the truth of the matter in Scotland.

"We have not gone beyond that point yet and let's hope we never do."

http://www.dailyrecord.co.uk/news/tm_objec...-name_page.html

That's true enough. As long as you are working you can afford a house thanks to massive borrowing, credit cards, etc., and providing you want to live on a scheme. But if you wantr to live near your work . . .

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"experts" are predicting slowdown :blink:

http://scotlandonsunday.scotsman.com/busin...m?id=1261802006

Scots house market heading for slowdown, experts warn

TERESA HUNTER

AS SCOTLAND'S home owners brace themselves for higher mortgage bills to begin dropping on door mats this week, house price experts have warned that property inflation has peaked and the market is heading for a slowdown.

Over the past 12 months Scottish house price inflation has outstripped that of the rest of the UK, soaring, according to some indices, by nearly 15%. The average home now costs £121,560, according to HBOS.

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The majority of the new builds they are throwing up all along the Clydes waterfront are to let or empty.

Sadly not from what I've seen of the waterfront projects - and remember many are yet to be finished as far up as Braehead and beyond

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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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