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Cours Or & Argent

The U.K. Housing Bubble?

IMG Auteur
Publié le 11 septembre 2013
108 mots - Temps de lecture : moins d'une minute
( 1 vote, 5/5 ) , 1 commentaire
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Rubrique : Opinions et Analyses

As is the case in the U.S., lots of people are starting to talk about a possible housing bubble in the U.K., the latest examples being today’s collection of housing stories at the Telegraph:

Barclays chief warns of housing bubble
Barratt says housing recovery is widespread as price of new homes rises 8pc
Strong jobs market helped by rising house prices

The following charts come from the first and third stories:

24hGold -  The U.K. Housing Bu...

All this good news is due, in part, to the British government’s “Help to Buy” program that provides assistance to home buyers who are unable to afford large down payments.

What could go wrong?

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It's like watching a particularly dumb animal, continually walking back to the electric fence to get zapped. Even worse if you live here, don't have a house, but have substantial savings. The government is definitely not on my side. Rental market is now so out of control you are practically forced to take out a mortgage using the government backed scheme. I really don't want to. I want to wait for house prices to crash to earth. But the government is so hellbent on inflating this housing bubble again I literally cannot afford to wait any longer. I have to jump through the fiery hoop they are holding up even if I can't see what's on the other side. Or I guess I could gather my small family and just leave. How can a once strong nation offer it's young people such poor choices? All to protect its banks. Let them fail. This Ponzi scheme is all but over and everyone can see it. Fiat money is failing. Two bedroom flats in London selling for a million quid!? Please! Press the reset button.
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It's like watching a particularly dumb animal, continually walking back to the electric fence to get zapped. Even worse if you live here, don't have a house, but have substantial savings. The government is definitely not on my side. Rental market is now  Lire la suite
Glyn G. - 12/09/2013 à 08:46 GMT
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