Economic woes seem to be piling up for the government and our UK economy which may be passed on to the housing market. The current double dip recession may be thought by some to relate to the poor quality of the statistic (which wouldn’t surprise us). Equally it may be a further slide or downturn [...]
Archive | Economics & Forecasts RSS feed for this section
Stamp Out Stamp Duty Avoidance
Stamp Duty Land Tax was introduced in December 2003 to cut down avoidance on the old stamp duty. It is levied on purchases of flats, houses and other land and buildings on a sliding scale up to 5% on properties over £1m. Avoiding stamp duty is a totally legal process and should not be confused [...]
Rhetoric or Reality Council Tax 2012
Council Tax Rhetoric or Reality From Cambridge to Cardiff the sabers are rattling in anticipation of an increase in council tax for 2012/2013. Eric Pickles has been banging a big drum to get councils to continue the freeze on the rate of council tax at last years level. Council tax bills at 150 local councils [...]
Reasons to be Optimistic for 2012
It is not hard to find reasons to be optimistic for the coming year. If you are not optimistic as the year starts when can you be positive? Macro Optimistic View We are generally fit and raring to go! We have survived all the economic gloom, bank lending and house pricing issues and bungee rope [...]
2012 Reasons to be Optimistic
Sorry to disappoint but I will be listing reasons to be optimistic in 2012 and do not have 2,012 such reasons as the headline implies. International Optimism In the last quarter 2011 the USA has produced better statistics for construction, employment and the housing market, than for sometime. BIRC countries have resources they are still [...]
Economic Effect of the Housing Market
The UK Housing Market effects the rest of the economy and we look at some of these features from an economists point of view. Overview Housing is the biggest component of most household’s wealth. Therefore it has a big impact on the economy. The UK has one of the highest rates of property ownership. (in [...]
Residential Land Values Prediction
Every year the DVS section of the Valuation Office publish a Property Market Report that includes residential land values. ‘DVS is the commercial arm of the Valuation Office Agency (VOA) and provides professional property advice across the public sector. They offer a broad range of property-related services, including Strategic Asset Management and Energy and Sustainability [...]
Is Equity Withdrawal Dead?
The golden generation of property owning baby boomers have built up a sizable equity in their property. For two decades it was fashionable to take equity out of the home to spend now! This was ‘Practical Equity Withdrawal.’ Taking Equity Out of Property Downsizing reduces maintenance costs and the work of keeping up to a [...]
Intermediaries an Economists View
Housing and property markets are more complex than other economic models. Supply and demand of product go hand in hand with services of intermediaries. The main players in the housing market can however be classified as : Owners These are pure investors, whose chosen investment is property from which they wish to make an income [...]
Advertise on Housing Market
We are self-funding researchers and bloggers who seek to educate and assist readers without compromising our editorial content. However we survive on advertising revenues. If you would like to advertise on housingmarket.org.uk/ we sell advert space at £25 a month for a banner 235*105 (or similar size) with link to site in sidebar. You may [...]