House price growth at near two-year high

https://www.bbc.com/news/articles/c4g9dx5y4vro

Posted by Careless_Main3

10 Comments

  1. Don’t worry guys, the big wage earning workers for the “haves” are back earning the big bucks.

  2. imminentmailing463 on

    There used to be a guy who knocked around British subs saying that owning was bad and renting was better for most people.

    Not seen him for a while now.

  3. cozyHousecatWasTaken on

    Here comes the peak, millennials everywhere are waiting for the bubble to burst so the landlords will all sell & we can finally get on the market

    Edit: Yes, I’m well aware the burst isn’t going to come. Prices are only ever going to go up, your wealth is safe. Millennials are all paying a mortgage, it’s just someone else’s mortgage.

    Why a bubble burst wouldn’t help anyways:
    https://www.reddit.com/r/unitedkingdom/s/BFY1x0GoLx

  4. People waiting for the crash are the same as those trying to time the stock market, there are rare dips but the general result is it continues to climb.

    There’s too much money stored in property, peoples pensions back it, and there is just too massive a demand vs supply problem. Not to mention as others have, if there are situations where they begin to fall, affordability disappears with pumping interest rates.

  5. FprMThHdBpfeZAsVnkq on

    A lot of smug comments here for useless data.

    I dont really care much but never ever take what bank says at face value. These numbers don’t include cash buyers for starters…

    The data that’s valuable is land reg one. For some reason the media doesn’t report on this anymore.

    Anyways. Back to work I go lol