And after a decade long-boom in house prices, the past 12 months have been a real turning point. Real house prices have already fallen 13%, and last month Rightmove reported a £6,000 decline in average asking prices. But some commentators believe the worst is still to come due to higher interest rates and a struggling …
In recent months, the US Housing Market has seen record house prices, mortgage rates quadrupling from 2 to 8%, and price to income multiples worse than 2006. It is a familiar story across the world. But, so far US house prices have seemed to defy gravity. Yet how long can they remain so elevated? Is …
China is facing a real property collapse with up to 65 million surplus homes, plummeting demand, falling prices and big property developers drowning under a mountain of debt. In the past few decades, the property sector has been a key factor in the Chinese economic miracle but as the boom turns to bust, what will …
UK house prices are overvalued, which is why prices have started falling in most regions across the country. But, the big question is how far do prices need to fall? And where are prices most overvalued? How OVERVALUED are UK House Prices?Watch this video on YouTube In the aftermath of the 1990s recession, UK …
A majority of Europeans fear the EU could break up in the next 10 to 20 years. This is despite support for EU membership increasing in recent years. So why is there concern the world’s most successful regional block could split apart? EU Breakup – SIX Factors That Threaten EUWatch this video on YouTube Brexit …
Earlier in the year the UK had record-breaking inflation with both headline and core inflation remaining well above the government’s target and being worse than forecast. As bad news on inflation kept coming the Bank of England increased interest rates 14 times. Finally, in a narrow vote, the Bank paused to halt rate rises. Is …
In the space of 18 months, Bank of England base rates have risen from historical lows to 5%, with more expected. It’s a remarkable turnaround for an economy accustomed to ultra-low borrowing costs – the rapid increase in rates have seen soaring mortgage costs and threatens to push an already struggling economy into recession. Yet …
Since 2008, the US economy has grown at double the rate of the UK economy. Since Covid, the UK is stagnating whilst the US has grown strongly. Despite much faster growth, inflation in the US is dropping fast, whilst the UK seems stuck with high inflation and the worst of both worlds. Why is the …