UK House Prices FALL 5th Month In A Row! Longest Losing Streak Since Financial Crisis!

in #money6 years ago


In the UK, home prices have risen to levels which are completely unaffordable to the average person. What do the central planners do in response? Pump it up further. This is the lack of fortitude to allow a natural cycle to take place. There is no strength. The problems we face today cannot be resolved by doing the exact same thing that was done to create the issue in the first place!

U.K. House Prices Are on the Longest Losing Streak Since Crisis - Bloomberg
https://www.bloomberg.com/news/articles/2018-08-12/u-k-house-prices-are-on-the-longest-losing-streak-since-crisis
Screen-Shot-2018-08-13-at-9.18.32-AM-600x330.png (600×330)

Where house prices have fallen 19% and the places they're still hitting new peaks - Mirror Online
https://www.mirror.co.uk/money/house-prices-fallen-19-places-13075049
England-Wales-House-Price-Index-July-2018.pdf
https://d3qd5ly540y1aa.cloudfront.net/your-move/uploads/media_file/England-Wales-House-Price-Index-July-2018.pdf
UK Housing Prices Falling at Fastest Rate Since 2009 Crisis - Sputnik International
https://sputniknews.com/business/201808131067154729-uk-housing-prices/
Bank of England raises interest rates for the second time in 10 years
https://www.cnbc.com/2018/08/02/bank-of-england-raises-interest-rates-for-the-second-time-in-10-years.html


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Hey David! I'm a big fan of your YouTube (and now DTube) channel and really appreciate the work do and information you provide. Keep up the good fight my man!

Local south coast town near me has seen a 4 fold increase in people living on the streets just in the last 2 years! let alone house prices falling hear in England, if you can afford to take a job let alone find one? it is a low level poor paying minimum wage topped up on benefits what they call working tax credits over here, ie,service sector retail part time piece of crap, as for london lol most of the real estate is foreign owned, outside the city's especially along the south coast the infra structure is falling to pieces the roads are full of holes pavement walkways footpaths have not seen any maintenance for decades! oh and the cost of living? inflation figures are pure bullshit have been for years as you know and have said before, i could go on but there you go this is what i see locally in the southern UK, sorry but buying a property is the least of the ordinary peoples problems just getting a roof over your head be that just renting has gotten difficult enough.

They can cut cost by eliminating their royal obligations .

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