Filed under Economics

Stoking the fire of London’s housing market

Stoking the fire of London’s housing market

It almost seems as if the Chancellor doesn’t feel that improving house prices is possible. His range of policies set out in the Budget and Spending Review this year all point to him focussing on using public funds to ‘help’ people buy homes rather than improving market conditions. And, unsurprisingly, the problem is most acute … Continue reading

Property wealth vs national output

Property wealth vs national output

Avid readers of this blog will have seen my post on property wealth and how London is a world of its own. To follow on from this, let’s look at property wealth in a slightly different way. Let’s take Westminster and Kensington and Chelsea – the two authorities with the highest private property wealth in … Continue reading

London is a different world

London is a different world

The world and his dog are now talking about house prices. There is not a day that goes by without a story about rocketing prices, people being priced out and concerns of a bubble. And rightly so; housing is on the agenda like never before because it is affecting a huge number of people. And … Continue reading

Betting the house?

Betting the house?

George Osborne’s Budget has appeared to bet the house on an election win in 2015. While his announcement was neither flash nor hard-hitting, a couple of announcements, when brought together, will have wider implications. The first of these is Help to Buy. I won’t go into great detail as to the intricacies of the two … Continue reading

Money, money, money

Money, money, money

Yesterday saw the Bank of England release their latest Money and Credit Statistical Release. Yes, I know, it sounds dry. But actually, trends in the amount of credit, who the lenders are and who they lend money to can give us an insight into the economy. Unfortunately for the UK, it doesn’t look good. First … Continue reading