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Could House Prices Be Affected By Terrorism?

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http://www.telegraph.co.uk/news/main.jhtml.../02/nterr02.xml

Yard is watching thousands of terror suspects

By Philip Johnston, Home Affairs Editor

(Filed: 02/09/2006)

Thousands of British Muslims are being watched by police and MI5 under suspicion of possible terrorist involvement, a Scotland Yard chief has disclosed.
Peter Clarke, the head of the Metropolitan Police anti-terrorist branch, said they were being looked at in the belief that they might be involved directly or indirectly in supporting terrorism.
His estimate was given in an interview for a BBC2 documentary, al-Qa'eda: Time to Talk, which investigates British Muslim connections with the terrorist network and will to be shown tomorrow.
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Mr Clarke said: "What we've learnt since 9/11 is that the threat is not something that's simply coming from overseas into the United Kingdom. What we've learnt, and what we've seen all too graphically and all too murderously, is that we have a threat which is being generated here within the United Kingdom."
When asked roughly how many Muslims were being looked at, Mr Clarke said: "I don't want to go down the numbers game, I don't think it's helpful … all I can say is that our knowledge is increasing and certainly in terms of broad description, the numbers of people who we have to be interested in, are into the thousands."

Could put more pressure on prices in rural or Western areas that are further removed from large cities?

Could another terrorist act along the lines of 9/11 perpetrated in London cause an overnight collapse in London prices?

IMO, its a big wild card and will probably affect overall sentiment.

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Given that many of the would be terrorists appear to live in east London (more arrests there today!) - particularly the Olympics host boroughs of Newham, Waltham Forest and Tower Hamlets - it will be interesting to see how this will impact on the expected 'Olympics' housing boom pre 2012.

Maybe the US team will boycott the Olympics in the end as the athletes might be too scared to come here. It certainly makes me worried about the security aspects - most of the guys arrested after the 12 August flight alert were from Walthamstow and Leyton (a stones through from the 2012 Olympic park and stadium!)

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Given that many of the would be terrorists appear to live in east London (more arrests there today!) - particularly the Olympics host boroughs of Newham, Waltham Forest and Tower Hamlets - it will be interesting to see how this will impact on the expected 'Olympics' housing boom pre 2012.

Maybe the US team will boycott the Olympics in the end as the athletes might be too scared to come here. It certainly makes me worried about the security aspects - most of the guys arrested after the 12 August flight alert were from Walthamstow and Leyton (a stones through from the 2012 Olympic park and stadium!)

The Olympics would seem to be a more spectacular target than the Twin Towers and, just like the NY terrorism, would hit a lot of international people not just Brits. We do know that Al Qaeda have threatened to blow up more spectacular targets and their claim to have thousands of Holy Warriors in Britain ready to rise up seems to have some credibility in the light of recent news.

We are not in a good situation here and the threat may well be the most dangerous since WW2. In 1939 we could have done a deal with Adolf, however unpalatable it would have been, whereas with a Jihad it is entirely different.

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The UK economy will be mostly damaged by the panic surrounding terrorism, rather than terrorism per-se. The so called plane bombers didn't have a bomb, a lot of them didn't have passports and they had no tickets. Now because of the extreme theatrics surrounding that so called plot US commentators pronounce us "a greater security threat than Afghanistan, Iran or Iraq", and are possibly going to get rid of the Visa Waiver meaning no more holidays in the states.

http://www.thesun.co.uk/article/0,,2-2006400257,00.html

Edited by Della

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It will be interesting to see the TV programme on Sunday night. The US remember the shoe bomber from the UK and probably consider the recent plot to use liquids disguised as harnless carry-on items as particularly threatening as they are not easily detected. Al Qeada evidentally want to try to make good on their threats so that it is feared and not seen as a lot of talk and bravado without any action. Its been well over a year since 7/7 and people forget quite quickly so we seem to be overdue for the next "Holy" act.

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  • 301 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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