London property

[CoolCat]

If they:

- Did something about out of control immigration
- Fixed the slow inefficient planning system
- Put in place sensible earnings/mortgage size multiples
- Put interest rates up to levels where it made sense to save
- Stopped the state manipulation of the market, help to bubble and all the rest

House prices would go down significantly, they are already massively higher than similar places in the world.

Expect movement after the next election, status quo cannot go on forever, national debt going endlessly up to pay for propping up the over borrowed cannot go on forever, no matter how much politicians may want it.

[BrilloPad]

As long as central banks keep pumping billions into the system and keep rates ultra low then London property will keep going up. If and when this stops it'll come down. Rates need to go MUCH higher to bring prices down. What's currently being disused is 2.5% over the next 5 years. Sorry but that won't make a dent in property prices.

Agreed strongly. A good article on QE today :-

Have central banks been breaking the law? - Telegraph

Quantitative easing has had a reverse Robin Hood-type effect by robbing from the poor and giving to the rich

[BrilloPad]

Expect movement after the next election, status quo cannot go on forever, national debt going endlessly up to pay for propping up the over borrowed cannot go on forever, no matter how much politicians may want it.

I disagree. If there was going to be movement it would have been after May 2010.

What I am not sure about is how it will end. Will people borrow as much as they can as they will have the Government will always bail them up? Hyperinflation?

I see no changes for 10+ years.