Archive for July, 2015

Cash from crime lords is forcing house prices up as they launder billions of pounds worth of ill-gotten gains by making property purchases in Britain. What’s worse is that many large houses bought in this way then remain empty as they are not actually required for be lived in at all! The Telegraph recently published […]

Forecasting ‘doom’ in the UK housing market, though potentially useful, does not actually solve anything. I cite the recent research by PwC into house price levels and briefly reported in The Guardian on 22nd July 2015. I say this because to resolve the accelerating crises would require significant work on the infrastructure of the housing […]

Martin Ellis, Chief Housing Economist at Halifax is recently quoted as saying: “Economic growth, higher employment, increasing real earnings growth and very low mortgage rates, are all supporting housing demand, with signs of a recent modest pick-up in demand.” However, we would add that stock of property for sale on agents’ books remains low. It’s […]

It is said to be transforming Britain into a better, more prosperous country - of self-reliant families, rescued from welfare dependency at last being empowered to enjoy the dignity and the rewards of adequately paid work. What do you think? Well, on the property side of things I can see that, fundamentally, we still have […]

Robert Gardner, Nationwide’s chief economist, said (according to BBC reports around the 2nd July 2015): “House price growth continues to outpace earnings …” What does this say about the way the housing market currently operates? It says there is something fundamentally wrong with it! The French authorities appear to be doing little to curb flagrant […]