Voting Conservative will cause your house's value to collapse...

[TimberWolf]

I'm not voting for them unless they promise a 50% reduction.

[HairyArsedBloke]

My house is worth more -> I feel rich -> I love the (labour) government

It's called the wealth effect. It has been the main means by which the Labour government has kept itself in power all these years.

[northernladuk]

So City economists are lefty morons?

Even by your own woeful standards of analysis, that was a spectacularly stupid statement.

HTH

Agreed. All these arguments with no basis whatsoever just to promote your unproven political choice sucks balls. This blind fanatasicm is very disappointing.

[NickFitz]

No, the headline "Voting Tory will make property prices crash" is the leftie moronic newspaper's analysis of a city analyst stating that property prices based on 7 times income due to zero interest rates and an infinite number of public sector non-jobs created by Labour.

Or it could be based on the words you quoted: "RAB Capital, a City hedge fund manager, said investors in residential property must expect significant house price falls if the Conservatives win the election..."

[OwlHoot]

No, the headline "Voting Tory will make property prices crash" is the leftie moronic newspaper's analysis of a city analyst stating that property prices based on 7 times income due to zero interest rates and an infinite number of public sector non-jobs created by Labour.

WHS (in so many words)

[shoes]

That will have everyone under 30 voting tory then, excellent

[expat]

It's called the wealth effect. It has been the main means by which the Labour government has kept itself in power all these years.

Oh right. As opposed to non-Labour governments, which are well known for not supporting high house prices. Right.

[d000hg]

About time it crashed properly. Please explain to me why high house prices are good?

Because they weren't so high when you bought it. So yuo can take out extra mortgage cash and go on a cruise.