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 …
Do we really need to build 300,000 Homes a year – How Bad is the Housing Shortage? When we talk about UK housing, we tend to think of an acute shortage. And it is not surprising given the fact house prices have reached nine times income, and we face a crisis of affordability. But, do …
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 …
After inflation has reached the highest levels for decades it is set to fall dramatically over the next few months. I’ll explain why this is, why we will not notice much difference and look at whether economists may be proved wrong yet again on inflation. Recently UK government has announced it plans to cut inflation …
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 …
2022 was a shocking year for the world economy, with the Ukraine war pushing up inflation and oil prices, causing economic disruption and lower growth. But, the IMF and World Bank predict 2023 will be even worse with major economies being pushed into a recession by the twin pressures of high inflation and high interest …
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 …