In the past 13 years, the UK has seen an unprecedented stagnation in real incomes. If Pre-crisis growth had been maintained, real incomes would be around £7,000 higher. Whilst global events like Covid and Ukraine War are mitigating factors, the UK economy has still performed relatively worse, with one of the poorest performances in real …
Is the UK housing market fundamentally overvalued? Is the UK Housing Market Really A Big Ponzi Scheme?Watch this video on YouTube Recently, I came across an interesting video which likened the UK housing market to a giant ponzi scheme. But is UK housing like a pack of cards waiting to tumble or are the outrageous …
Since their peak in August 22, UK House prices have fallen 5%, but the big question is how much will they fall in the next 12 months? Expert predictions range from a modest 2% decline to a fall of 12% from Capital Economics. UK Housing Slump – Why Prices could FALL further than expectedWatch this …
A look at the major trends in UK housing in the past century, including the trends on housing tenure, house prices and the supply of new houses. Victorian housing The Industrial Revolution saw rapid growth in inner cities as people flocked to the city for new factory jobs. This accommodation was often hurriedly built by …
Source: ONS NPEN Total UK Business investment since 1997. After sharp fall in 2009 due to global recession, investment recovered quite strongly. In 2016, Investment fell, at least in part, due to the uncertainty of the Brexit vote and leaving the Single Market. The covid pandemic caused another sharp fall in investment. The poor investment …
Since privatisation in 1989, water bills have risen 40% and the industry is profitable for shareholders. Yet are households getting benefits? In recent years, we have seen a surge in the discharge of raw sewage, hosepipe bans and a lack of investment. OFWAT, the water regulator recently stated. “For some companies, poor performance has become …
A look at the economic impact of falling house prices. Readers Question: Explain why a decrease in the price of houses can lead the economy to experience a recession. In summary: falling house prices reduce consumers’ main form of wealth. This tends to cause lower spending and lower economic growth due to a negative wealth …
The past couple of years have seen a surge in house prices around the world. This has pushed house price-to-income ratios to record levels – in many cases, outstripping the last boom of 2007. This is a major warning signal prices are unsustainable and in recent months, prices have started to fall rapidly, with at …