There's certainly been a massive gap open up between London and everywhere else.
https://www.ons.gov.uk/economy/infla...english-region
- 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!
Reply to: Poll: UK house prices, where next?
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Poll: UK house prices, where next?"
Collapse
-
Originally posted by scooterscot View PostJust as a bit of fun.
We've now seen sudden sell offs from US, Asian, and European stocks markets. Investors are reeling in overinflated assets. Is it now only a matter of time before the UK house prices collapse to 3-fold of the average income? This would represent a 60-70% correction.
Not so concerned about a price correction myself, but rather the speed at which it could occur. Should this happen to UK house prices... then we'll have cats and dogs playing together, leave voters signing up for EU passports, with Jeremy Corbyn as PM quicker than Jacob Rees-Mogg can say floccinaucinihilipilification whilst eating is morning soufflé.
Leave a comment:
-
Forget where I read it, might have been the FT... it seems there's a number of folks who have interest only mortgages that are set to mature in the next 3-5 years without any means to pay off the debt. If there's a price collapse before then, then it'll certainly get interesting.
Leave a comment:
-
Plus, IIRC, I think a couple of taps are being turned off in the UK imminently - the Term Funding Scheme and the Funding for Lending Scheme. If you recall, savings rates and mortgage rates shot in opposite directions when the latter was first introduced in (IIRC) late 2012.
Leave a comment:
-
The US 10yr is the thing to watch...
Too early to predict anything, but I think everyone would agree that valuations of most assets (and crypto^10), are laughably detached from any fundamentals (e.g. wage growth), absent cheap money.
Leave a comment:
-
Poll: UK house prices, where next?
7increase 75%28.57%2increase 50%0.00%0increase 25%28.57%2decrease 25%14.29%1decrease 50%0.00%0decrease 75%14.29%1Can’t afford a house, living with Andy White’s mum14.29%1Just as a bit of fun.
We've now seen sudden sell offs from US, Asian, and European stocks markets. Investors are reeling in overinflated assets. Is it now only a matter of time before the UK house prices collapse to 3-fold of the average income? This would represent a 60-70% correction.
Not so concerned about a price correction myself, but rather the speed at which it could occur. Should this happen to UK house prices... then we'll have cats and dogs playing together, leave voters signing up for EU passports, with Jeremy Corbyn as PM quicker than Jacob Rees-Mogg can say floccinaucinihilipilification whilst eating is morning soufflé.
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: