60% of “luxury” flats are privately rented

60% of “luxury” flats are privately rented

06/04/2018
Moneyweek: Let’s hope the gentle slowdown in house prices continues for a long time
Adrian Adrian

At the moment, it seems like there is a continual stream of house price related news.  Moneyweek has just published an article on why a slowdown in the housing market is a good thing, with some explanations on why housing needs to lose it's appeal as an investment, which makes sense as housing should be seen more as a necessity than something we can make a quick buck from.  Below is a brief intro to the article. 

The full article can be read here "Lets hope the gentle slowdown in house prices continues for a long time".

House-price growth slowed again last month, according to the latest figures from Nationwide.

The building society reports that house prices fell by 0.2% during the month of May, while the annual growth rate slipped to 2.4% from 2.6% in April.

Given that the consumer price index (CPI), the Bank of England’s key inflation measure, is also 2.4%, that means that house prices are flat in “real” (after-inflation) terms.

Overall, this is the ideal. (I’ll explain why below).

The question is though, will it stay like this – or are there bigger falls on the way?

The full article can be read here "Lets hope the gentle slowdown in house prices continues for a long time".


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  • https://moneyweek.com/lets-hope-the-gentle-slowdown-in-house-prices-continues-for-a-long-time/


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