Is Buy to Let Sector in Terminal Decline?Watch this video on YouTube From the mid 1990s, the buy-to-let sector saw impressive growth. By 2016, 2 million individuals owned a buy to let property. But, recent events have seen a sharp decline in buy-to-let mortgage lending. It is shrinking as a share of the market …
The US is one of the richest economies in the world – with the 7th highest real GDP per capita. Not only that but the economy is booming with much higher rates of economic growth than elsewhere. However, in the real world, there is a disconnect, despite the undoubted wealth of America, many Americans feel …
After a sharp increase in the 1980s, income inequality appears to have slightly improved in recent years. However, this general measure of inequality fails to capture many of the increasing divides across the country. Whilst the income share of the top 1% has grown, the poorest 10% have faced falling living standards in a cost-of-living …
Is the Argentina Economy Doomed to Fail? Watch this video on YouTube In the past 65 years, Argentina has defaulted on debt five times. It has the highest rate of inflation in the world, and the devaluation in the Peso makes it one of the worst-performing currencies. Now its beleaguered citizens are facing higher prices …
With house prices falling in the past 12 months, is it worth waiting to buy or is better just to bite the bullet and not worry about forecasts for interest rates and house prices? Buying a House in 2024 – Should You Wait Until After CRASH?Watch this video on YouTube Despite modest falls, house price …
The post-war period saw a golden era of home-ownership. Workers from all social classes were able to buy their own home. Home ownership rates rose, and the idea of getting on the housing ladder was a key part of the national psyche. The American dream is perhaps to get rich, the British dream was to …
In 2009, Central Banks around the world cut interest rates dramatically to 0%. It was supposed to be a temporary reaction to a short-term crisis. Markets and experts all predicted interest rates would soon rise. But for 13 years, interest rates defied predictions staying close to zero. But, just as zero interest rates appeared to …
The UK economy remains on a knife edge, after a year of stop-start economic growth, the Bank of England forecasts continued economic stagnation into 2024. Other forecasters are marginally less pessimistic, hopeful that a fall in inflation will help to increase real wages and consumer spending. UK Economic Forecasts for 2024Watch this video on YouTube …