house prices

Are UK House Prices In La La Land?

Architect I’ve just sold my house and I think I have priced it realistically to achieve a sale. However, in looking at house prices in Stratford-upon-Avon, it is becoming evident that to get the same quality of house there is almost double. Stratford is enjoying strong buyer demand from a queue of cash buyers. We [...]

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UK House Prices Are Overdue A Correction

More expensive credit = lower house prices I constantly under-estimate the power of this Labour government to rig the markets and the economy – always at enormous cost to the tax-payer. This extract from Money Week sets out how they have rigged the UK property market to cushion the impact of the latest recession. But [...]

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McKinsey: Unbelievable Pain Is On The Way

Take a look at Slides 1,3,5,6,8 and particularly 14 in this presentation by McKinsey. It is clear that as a percentage of GDP the UK is one of the highest leveraged economies in the world (- only Japan comes close): Whilst Banks have deleveraged, it is clear that a lot more deleveraging has yet to [...]

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House Prices In The UK Are About To Get Worse

Why do I think house prices are about to get worse when today we have had news that the recession is officially over ( – a pitiful 0.1% growth!). Firstly, the housing market in the UK remains 29% overvalued on a price to rental basis according to the Economist: Second, in 2008 the interest rates [...]

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A Suckers Rally? … You Decide

This is a chart of  a typical bubble scenario: Main Stages In A Bubble I’ll give you no prizes for guessing where we are on the chart.  I’m expecting house prices to head on downwards within the next couple of months as we have reached the ‘return to normal’ stage.  Watch and learn. Share on [...]

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House Prices and the Economy

Read this article ‘Real Estate – the 800,000 pound deflationary gorilla‘.  It sets out what is happening in the US property market.  Conditions are deteriorating and forecast to continue deteriorating until 2011/12. Keep your hat on, its not over yet! Apparently Banks are now hiding foreclosures and refusing to list foreclosed homes on the market.  [...]

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The Economy: Uncharted Waters For Banking

I read an article today that compared the current position of the US banking system with what happened in the Great Depression in the 1930′s. In order of maginitude, the current banking crisis is 25 times bigger than what happened in the 1930′s after adjusting the figures per capita and for inflation. Also, a research [...]

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