• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Will The Housing Market Pick Up After The Election ?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Will The Housing Market Pick Up After The Election ?

    Interested on fellow CUKers thoughts on the above. I hearing differing views that generally the housing market goes quiet leading up to a general election and then picks up after. What are people's thoughts - is it a case of sit tight and see what happens for now or go for what is currently available ?
    ______________________
    Don't get mad...get even...

    #2
    The bubble will keep being inflated by any political party that is elected at all costs. It isn't a market. Well certainly not a free market.
    http://www.cih.org/news-article/disp...housing_market

    Comment


      #3
      With an SNP controlled Old Labour minority govt full of punitive tax and waste policies?

      Comment


        #4
        Depends on a lot of things, including who wins and what they do, whether the international money markets continue to allow our national debt of 1.5 trillion plus about 0.5 trillion off balance sheet liabilities rise at around several billion a month at such low interest rates (this could end any time), whether foreign speculators opt out of the London property market, whether open doors immigration continues, and so very much more

        Comment


          #5
          IMHO:

          The current govt has shown over the last five years that if you can reinflate the housing bubble, the economy will 'grow'.... ie, more 'winning' voters than 'losers' (or at least a good number of the losers can't be bothered to vote).

          Therefore, they are all well aware that they need to continue inflating the bubble and it will be just a case of them having their fingers crossed that it won't implode on their watch.
          Last edited by alphadog; 27 April 2015, 11:06.

          Comment


            #6
            House builders lead FTSE lower on Labour's rent control plans - Citywire Money

            Labour taking control of the economy, and they haven't even taken power (yet).

            Comment


              #7
              Originally posted by alphadog View Post
              IMHO:

              having fingers crossed that it won't implode on their watch.
              I have fingers, arms, legs all crossed that the market DOES implode. 50% falls would be nice (I am a home owner).
              http://www.cih.org/news-article/disp...housing_market

              Comment


                #8
                From our point of view at least, there hasn't been a slow down as such of late, prior to May 7th, in fact we're probably busier than we have ever been. I think December's changes in Stamp Duty have had an effect, ahead of a little bit of panic over what could happen with rates etc after May 7th if there's a government change.

                Either way, I don't think there will be too much of a slow down after the election either, particularly given Labour's pledge to abolish Stamp Duty for FTB's up to £300k purchase price today, too.

                Comment


                  #9
                  The house prices are at least 40% over priced at the moment. Ever since the stamp duty change, estate agents are just picking a figure between 250k and 350K. I am a home owner too but would love to see a crash, just to see the estate agents crash and burn.
                  Vote Corbyn ! Save this country !

                  Comment


                    #10
                    Originally posted by DimPrawn View Post
                    House builders lead FTSE lower on Labour's rent control plans - Citywire Money

                    Labour taking control of the economy, and they haven't even taken power (yet).
                    It's medieval thinking.

                    Comment

                    Working...
                    X