House prices to stay high....

[DimPrawn]

...forever!

House prices to stay high forever, predicts ex-Bank of England guru 

House prices are likely to stay at high levels and potentially keep on rising over the coming decades, as big economic and demographic trends show no sign of letting up, according to a former Bank of England policymaker.

Prices have rocketed far ahead of incomes since the 1970s and the gap is not expected to close, said David Miles, now a professor at Imperial College London.

I disagree, they will fall when one of these events occurs.

BBC - Earth - How long will life survive on planet Earth?

[xoggoth]

Similar-sized eruptions happened 200, 180 and 65 million years ago, so they're not terribly regular. But one will surely happen eventually, and when it does the key question will be where it goes off.

Slough I expect. Or Luton.

[ChimpMaster]

Slough I expect. Or Luton.

When the apocalypse does happen, houses in Slough will still go up in price due to it's proximity to London with Crossrail.

[blackeye]

...forever!

House prices to stay high forever, predicts ex-Bank of England guru*



I disagree, they will fall when one of these events occurs.

BBC - Earth - How long will life survive on planet Earth?

House prices aren't going anywhere son, not while there is such limited supply and a rapidly increasing population.

I can't speak for anywhere outside of the SE, because they are just a drain on the country.

[northernladyuk]

House prices will rise sharply.


In GBP terms.

[AtW]

Saw some small 2 bedroom flat around my area, half the size of mine but about the same price

[northernladyuk]

Saw some small 2 bedroom flat around my area, half the size of mine but about the same price

You do pay more to be above a dry cleaners.