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    [Finance] Housing Market

    I would argue that low interest rates do create demand for housing as it is an asset in competition with other assets. This is the intended outcome of Government stimulus programmes post the 2008 crash. I know someone who has an enormous property portfolio in and around Sheffield. He is always...
  2. N

    [Finance] Housing Market

    Which in historical terms is nothing hence high and rising property prices.
  3. N

    [Finance] Housing Market

    I don’t see how the younger generation are any worse off than we were once they have a mortgage. We paid 12%+ interest which translated into over 700 pounds a month mortgage repayment in 1990 on an 80k house. Both of my daughters have recently bought property and they achieved it through the...
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    [Finance] Housing Market

    Air BnB and the like have changed the market forever. I don’t know if that’s already been mentioned on this thread. Our eldest has just bought in Manchester but only by being the best bid of 19 !!! (10% over asking price). Property prices have gone crazy up here because of large portfolios of...

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