/biz/ - Business & Finance

>https://www.homesandproperty.co.uk/

come back with an other title sayin "crack and fentanil are good for health"

with www.jamal.com as a source

>>23399062
Explain yourself. Are you implying that housing prices are not actually up?

Buying a house is overrated. I know a guy here that lives in an abandoned house in a middle class neighborhood. The old lady is in a nursing home and her nearest relative is on the other side of the country. Rent free squatter life

>>23399083
I'm implying that a fruit seller is not going to tell you that fruits are bad for your health

you can say everything with numbers

for example, in Paris, numbers are the same (because reality can't be changed) yet some newspapers say RE made a -4,2% since january, some others say -0,5% and some people still argue that it's a bull market

understand me now?

Ask sergey nazarov if you should buy chainlink

>>23399015
Stamp duty discounts apparently. You save £5k in stamp duty but you're paying £10k more for the house. What a deal!

>>23399015
Got a job interview tomorrow for abroad
Might finally escape this hellhole

>>23399152
Good for you. I'm currently living in London but plan to move up north once I can afford a property, maybe Durham. Have no duties here in London, no family, no friends, full of niggers, criminals and drones who work a 9 to 5.

>>23399095
That doesn't sound comfy though. I would only go full casapound if I had my own designated shitter. I think this is why the elites want more migration to nice places, because they know how degrading it is to share a shorter with others and they are sadists.

>>23399177
>Have no duties here in London, no family, no friends, full of niggers, criminals and drones who work a 9 to 5.
checked and same
fuck this shithole

>>23399015
But the green belt is so beautiful! Totally worth the price of never being able to build anything ever again!

>>23399177
>plan to move up north
sorry, we're full up here

>>23399209
>>23399177
you deserve everything for fighting against Hitler

>>23399015
Bank of England will probably print a trillion with the meme hoax virus, so this is just the Cantillon Effect
https://m.youtube.com/watch?v=rv5xl1AEeQs

why would anglocuc.ks buy a house anyway? you just own it for 99 years

pathetic drones, lick your queen's pussy and keep funding her lifestyle and her kike friends racemixing with hollywood losers

>>23399095
I know a guy who lives in a puddle. Never pays a penny in rent.

It's boomers fake-newsing again

You guys realize they don't need to pay what americans call "propery tax" here in the UK, right? Property tax for us is just the transfer tax. You can just own land. You truly own it there. That's why it goes up. There is no local school district wanting their pound of flesh every year from your homes.

>>23399303
just for 99 years
peasant

>>23399303
>You truly own it there.
no you dont
only for 99 years then it goes back to your liege

>>23399303
thank god you don't pay property tax because you are literally slaves to your monarchy

peasant anglo cuc.k fix your teeth and your women it's disgusting to meet one of you inbred drone in international airports

>>23399015
Prices are pumping, probably due to the stamp duty holiday Boris announced anon fren

>>23399015
Unironically because the ruling classes have too much equity in construction firms and own lots of property themselves, they'll do whatever they need to keep the prices inflated.
Buying a home is literally the safest way to make money since in the UK 1960

>>23399303
Added this to my file of reasons why I hate zog.

>>23399015
Because of a dirty little secret the government hasn't been publicly broadcasting, they still welcomed tens of thousands of immigrants this year despite the lockdowns. They all gotta go somewhere and the building season this year was effectively cancelled, so house prices are increasing.

>>23399446
Complete nonsense, you think immigrants are buying 500k houses? Fuck off you daft cunt

Being an only child with divorced parents is unironically going to turn out alright in the end after all

Amazon is up tens of billions of dollars. A select few others are doing well in this economy. You are seeing the middle class get purged out of home ownership.

>>23399015
Have you seen the price of even digital land retard. Earth property is a huge luxury item in this galaxy. Get some before they breed all over it

>>23399015
>inflation in goods and services drops to zero due to pandemic
>all the inflation spills over into real estate and stonks
It's more complicated than this, but not really.

>>23399015

cuz boomers aren't dying fast enough. Younger people have no where to live so demand driving prices up.

>>23399680
Sure, they're not the ones paying for them.

>>23399095

found the poor

>>23399015
Areas with high cost of living are not really suffering from the current pandemic situation. Wealthy people are not suffering right now, so it is business as usual in wealthy areas where real estate only trades hands among those with wealth anyway.

>>23399860
Literally not how it works anon. Every new development that's built has to include a percentage of "social housing" (or pay a hefty council fine)
Very few of the homes that migrants go to were ever paid for by anyone they were just freebies for giving construction companies the green light to build.
House prices are high here due to a combination of high demand and low supply plus the extra effects of foreign investors purchasing and pushing the prices up along with not enough home being built and council tenants being allowed to buy their homes.
Perfect storm that won't end any time soon

>>23399119
You are a fucking retard. I'm surprised you can even muster the cognition to type words.

>>23399015

Because the owners have diversified their assets and have no need to sell, they llive off pension, rent, and dividends.

Pair this with the fact banks can't repo houses or raise interest rates otherwise the entire economy dies and they go bankrupt.

House prices can't go down.

>>23399360
>>23399342
Where is this 99 years meme coming from from salty burgers? My family have has land for around 300 years, queen hasn't got shit.

>be me
>27, Welshman
>live in post industrial small valley town
>no normie jobs. You have to start a business of some kind to survive and prosper.
>no services, limited shops and normie entertainment
>no niggers or pakis
>buy a 3 bedroom semi detached house half way up a mountain with a vista view out the back, a private drive, and a huge garden.
>£112,000

Already half paid off and We’ve only been here two years.
Why anyone would want to live in a racial jungle, surrounded by pakis and niggers, and pay for the privilege - blows my fucking mind.

>>23399680
Hello fren, immigrant with a 600k house living in UK and working for blue chip IT reporting here..

>>23400086
Its called leaseholds and approx 40% of all property in the UK has it

>>23399015
Because jew-bribed politicians are filling up the UK with welfare-recipients causing an ever increasing demand from the state to buy up private housing.

>>23400104
You do realise Pakis like me are already eyeing up the countryside and moving in? Why do you people believe the taxi driver meme so easily? It's all good, the more you underestimate us the worse your shock will be lmao.

>>23399177
I picked up a big 4 bedroom Victorian house in the north near Sheffield at auction last year for £70k, no mortgage.
Needs a bit of cosmetic work doing on it but nothing major.
It's in a small village that's all white and very racist too.
Best thing i ever did.
Before i was wasting £7k per year on rent.
I'm thinking of splitting it up into 2 apartments to let out and move to Tbilisi Georgia in the next few years.

>>23400180
Pakis did buy the local shop in my village about 5 years ago according to the locals.
It got smashed up every week in the middle of the night until they gave up and moved out.

>>23399015
This supprises me, I know stamp duty has been reduced, but from what i've read the banks are demanding 20 - 40% deposit, surely that writes many first time buyers off.

>>23400180

One thing you can't buy with money. A superior skincolor.

>>23400130
Some of my flats are leaseholds, I renewed one at 50 years for another 100 years for 15k, the others I bought with 100 years plus. You do realise the monarchy has nothing to do with who is the freeholder to this land don't you? No, you don't because you're poor and will always be a salty victim.

>>23400356
>having to renew his property he already bought
>defending the jews who do this
fucking die you shit eating boot licking jew worshiping wage slaving goy
god I fucking hate the brits

>>23400354
Colours are just that. There is no superior colour. Keep telling yourself whatever stories you need to to feel better about your lack of actual achievement.

>>23400391
Flats in the UK are always leasehold

>>23400117
I meant theyre not getting them for free.
Congrats on living the dream anon

>>23399360
We buy freehold or lease hold, with the former you pay rent on the land your property is built on. Only cuks buy these

>>23399680
Yeah, you think immigrant are all just poor people? This isn't the 1960s, immigrants with STEM degrees are moving here and taking up well-paying jobs in the NHS, FTSE 100 companies and the likes. They can easily stuff several family members, all with jobs, in their homes and afford mortgages.

And even if they are not the ones buying the houses, others are buying to let because of the strong demand from increasing population (in massive part due to immigration) in mind. They all got to live somewhere. If that demand wasn't there from hundreds of thousands coming into the country every year, then the prices would be lower due to better supply.

>>23399260

>>23400180
>we
there's your racial ingroup preference folks.

in new zealand we have a land shortage combined with the pandemic, which has lead 100k people to come home from overseas. prices are through the roof

>>23399303
But I heard you bonglanders get assfucked with inheritance tax, isn’t it?

>>23399015
It's called inflation. Just because a loaf of bread is only going up by 3% doesnt mean house prices aren't inflating by 10-20%, this is simply inflation due to all the money printing, combined with people realising how important it is to have your own place amid all this lockdown bs.

>>23401054
property prices in london since 2000 doubled in some cases

It's because interest rates on mortgages are incredibly low right now so people are attempting to pay off as much as possible while the getting is good. This will drive up property prices and when interest rates eventually increase and these property buyers' floating mortgages become unaffordable we might see foreclosures and a bubble pop, though this is unlikely to happen in the near future/may not happen at all

>>23399015
The system is rigged to keep you poor. They know you can't afford these prices so they'll just bring in immigrants who can and keep driving the prices up. Maybe they'll hire you to clean the toilets and allow you to use the dog house as a servants quarters.

>>23400248
>tfw small racist towns are the best ones
Based

>>23399015
Wtfhappenedin1971.com

>>23399015
Obviously you were priced out long time ago like all regular salary londoners. It's arabs, oligarchs and chinese buying property they are just parking money, you can park to real estate or stonks. They dont care if it goes up or down it's
safe in estate somewhat. 10-20% of london homes are now vacant, they dont even need to rent them it's just parking money. It's worth 11 billion pounds homes sitting empty

>>23399015
Because you're in a Japanese style asset bubble. The manufactured crisis has not hit yet.

Smart money is leaving the West. Idiots (muslims, niggers and latinos) immigrate to the west to pay off all our debt.

It's the stupidest trade in existence, but I wouldn't expect people with an IQ less than 85 to understand.

>>23400180

Loads of room in the countryside for another shallow grave

Why else do you think all Western "expats" are rich/wealthy? They know they're getting a bad deal by staying here. This scenario is taken straight out of Atlas Shrugged.

>>23401959
shitskin immigration is a jew economist cope. turns out that infinite economic growth is a mathematical impossibility even by the most judaic math ever contrived, and best case scenario "flat growth" throws the global economy into the shitter, so the only alternative is to import brown retard slaves by the millions to pump the GDP and inflate the stock market.

>>23400305
Based, get dabbed on pakis

>>23401054
this, mostly inflation + people quarantined in a shitty place they dont want to pay rent for.

>>23400104
sounds comfy anon, can you give me some small valley town names to look into?

>>23402018
There is no need for labor in global economy where you can produce goods in Asia, mainly in China for less cost. Add automation to that and you have less demand for labor. Eu should limit all movement from africa and asia, and just print for pensions for a while as japs do. THere is no inflation Yen despite restless printing

>>23399119
ngl you stupid as fuck

>>23402018
The way this works is they need to fool investors into thinking that by increasing the tax base, that will also continuously increase spending (or at least it will allow governments to borrow more). As soon as that system of infinite immigration seizes up, like it did with the Wuhan virus crisis, Governments become insolvent. Governments have their limits, and as soon as you hit their limits you get something similar to the collapse of the USSR where generals have to sell tanks just to fill the budget.

The quality of the person imported does not matter, the only thing that matters is if you can increase spending, even if that means welfare spending or more "dem programz". They can give less of a shit about real economic growth in the US, as evidenced by the hollowing out of small business and manufacturing. Big businesses are multinational anyway.

Those are just nominal prices rising.

http://www.goldchartsrus.com/chartstemp/USHLSPOG1.php

>>23402127
the most jewish trick the devil ever played was including government spending in GDP

>>23402218
Yes gdp is bad measure cause currency fluctuations and government spending is calculated twice unlike priv spending

>>23400077
In my part of England, house prices are down 10% since start of 2018.

>>23402252
We've had a shrinking real economy since 2000, which accelerated in 2008 and it accelerated even further in 2020.

We've been falling for 20 years in an inflationary deleveraging with no end in sight.

>>23399015

Its complicated.

A short version is:
Al the stacie and deanos are bidding up the market out of retardation.
In January, if you went into any real estate agent looking for a mortgage with 5% down, you'd have found thousands of properties.

In April if you had went, you'd have found 20.
Naturally, all the stacies and deanos cant afford more than a 5% down. instead of being rational and waiting a couple years for lending to ease, they instead all started to bid on the tiny number of properties left for a 5% down. The demand stayed the same, but their supply was almost 0. Only real shitholes are going for 5% down now, and they are soared so high above market value due to all the stacies and deanos simply bidding them up.

for people with money, there have been numerous tax breaks, which has fueled some buying in general too.
Sadly, the UK's GDP and economy depends on house prices. They government will not let them fall. Notice how one of their first policies early this year, even before, furloug hschemes, was tax breaks on buying homes?
they know it too.

What this means for young people is that yes - house prices will never fall much in notional value of GBP much. however, down payments and lending will get easier soon. this is what the short term spike on shit houses caused deanos will end badly for them.

>>23402357
Wait until they lose their jobs, get foreclosed on and when bidders disappear from the market.

When Interest rates stop increasing, that is your buy signal.

>>23399119
Dude enough /pol/ for you, it fried your brain with schizo logic

It seems like every Western country is engaged in Real Estate as means of GDP Growth. If Real Estate is the only thing most Westerners can invest/park their money in. Just how long will all these Central Banks keep the interest low? It sounds like a recipe for disaster.

>>23399015
welcome to clown world.

>>23402441

Its all about momentum. Sure, the mini bubble would pop from this policy after the effects of COVID, lockdowns (especially in the UK who are now doing another extended lockdown) with all the job losses and gibs running out. House prices will have to fall somewhat when deano loses his job, or the outlook just doesn't look good anymore and people cant buy.

However, if they can import enough immigrants in a short space of time, and borrow money from the bank of England to commission construction companies to rapidly build more, and then give the house to immigrants and refugees especially on universal credit etc, that will keep the momentum going enough to prevent a bubble pop, and if they import enough of them, even a small correction from this policy wont happen.

Its not a coincidence we have had so many reports of refugees coming into the UK on boats this year, not at all. Once the Gov pay for a house on universal credit for them, that money is still going into the private sector, construction companies pockets etc. It'll keep the house prices high in GDP terms, but in real terms, GDP will just be getting worth less and less and less anyway.

Seriously, buy BTC or Gold if you want to combat this. If you are a deano and simply continue as things are, and saving up your pounds for a house, you will find it more and mroe out of reach, and your moeny worth less and less thanks to these policies.

>>23402441
The Fed's power is limited. The US has to run a trade deficit so that trade surplus nations keep buying US treasuries. This has sustained the current interest rate regime. This bid pressure from the outside keeps interest rates low as the US dollar is the reserve currency.

When they stop buying treasuries however, the Fed "intervenes" and they soak up the lost bid, but they can only do this for so long before they sap too much liquidity out of the system. Every time the Fed buys a bond, that bond stays with the Fed until maturity. That bond has to be repaid eventually.

Money is created in the short term, but the money that is created has to return to the Fed eventually for it to be destroyed, plus interest. So in the end, QE reduces the amount of money flowing in the system over the long term, but increases money supply (through spending) in the short term.

>>23402522
The same could be said with any significantly large central bank of a nation that runs a trade deficit.

>>23402518

So, my only options are to buy assets that retain purchasing power at the end of the day. Its a very bleak situation for most of us. But the fact that EVERY SINGLE COUNTRY is engaged in this practice makes me sick to my stomach. I feel like in 10+ years time, all western countries and their cities will turn into favelas and ghettos of the worst kind.

>>23402357
>>23402518
thanks for insight

>>23399680
Many upper class from the all over the world are parking their money in the west since their currencies and economies have been devastated by the coof hoax. They can afford a few hundred grand.

>>23399272
999 dipshit. 1000 years, 10 generations. If your familia hasnt amassed enough power to keep that Land then kek for you.

>>23399303
Literally one of the only good things about this shithole. Leasehold properties are the equivalent of American propert taxes except your payment there goes to Jews. Freehold is true ownership and certainly worth any premium.

>>23399196
I'll tell my grandkids about the days when a man could shit in his very own personal toilet.. we were kings. To live, never knowing that freedom.. dark times are upon us my dudes.

>>23399015
Housing prices are ludicrous here in the US too, at least in East Coast suburbs. City fags are fleeing and paying a million for shit wood boxes 50+ years old 10 miles from rapidly deteriorating cities. Hate to be so negative about it but just calling it as I see it.

>>23402338
Was it obongo's fault?

kek at the salty burgers coming up with some 99 years meme

It needs to kill more homeowners to open up more vacant properties that the state will seize and undercut the average selling price for housing to the point that private homeowners have to actually compete

>>23400394
>if you like your race you've never achieved anything
Never understood this.

>>23399015
The jews don't want anyone, especially whites, having families and kids anymore. It's by design, we are a doomed generation.

>>23406166
it's just jews/niggers getting worried that the white man is waking up, and they should be.

>>23407488
no, they want niggers/other shitskins having kids and interbreeding with whites so whites vanish and are replaced with a ~90IQ mudrace of ignorant but marginally functional hybrids who will be much better goyim-slaves.

>>23407553
it's amazing how few people understand this despite it being openly stated as a goal for the last 20-30 years
and frankly, it just makes plain economic sense if you put yourself in the shoes of those who hold all the power

>>23401222
>>23402357
>>23402391

Best responses in the thread. Adding to that, once support schemes from the government stops completely and money isn't moving freely from consumers to businesses because it's a fearful market, then we'll see more lay-offs. From that more bankruptcies, defaults and foreclosures – banks will be keen to get rid of houses quickly way under 'market value' on auctions bringing the actual market value down. What we're seeing now is a deceptive bubble.

This has been planned for decades anon.
The elites don't want the plebs to own homes.
Long term strategy is for all housing (for plebs) to be state owned, and co-living arrangements to become the normal. There was a quote of one of the Rothschilds stating this plan posted on another thread a few days ago

>>23399015
>Be UK bankster
>See a trillion dollerydoos in toxic debt on the books
>Need leverage fast
>Call up the BoE
>Suddenly tax on houses moved from £125k to £500k
>Loan Deaneo an extra 375k for his 2 bed barrett box that just tripled in price overnight
>Underage hookers and blow back on
Bush bash BOSH fookin sorted my son

Why the hell wouldn't i want to live in a deanobox?

>>23399015
>gov prints money
>wtf why are prices getting up
the newfaggotry on this board is getting tiresome

>>23408271
i think a lot of people do understand it, but won't acknowledge it, because to acknowledge something like this is basically to acknowledge that you're sitting inside doing nothing/going about your business/shitposting/etc, instead of implementing the final solution or at-least trying to do so. it takes a lot of cope to be cognizant and actively aware, and still do nothing, and yet here we are :D

>>23408798
zoomers/millennials in general don't understand economics, finance, or history, since it has been removed from the curriculum since the late 1990s in exchange for standardized tests, black history month, and common core math.

>>23399015
>then it never bloody will, won't it.
You're correct, sir.

>>23400180
Kek Ahmed you wouldn’t last a month here. People are very openly racist here, not like your used to in Englandistan.

Enjoy being called a Paki cunt daily and having your windows put in and having rotten bacon mailed through your door on a regular basis.
Go back to your homeland.

Welcome to being priced out, lads.

>>23399015
shouldn't have voted tory then should you. you're rich or you die

>>23409139
I'm sure the situation would have been better with any other party...

>>23409340
corbyrn would have built more houses. plus we'd have the rich pay for things like free internet access and fewer brat children of billionaires. pulling the strings at the top. yaknow, actually trying to fix these real problems, as opposed to refusing to spend a single penny of the elite-classes money on these essentials.

>>23400354
lmao

>>23399015
They'll fall next year. Stamp duty has been temporarily stopped.

Planning on buying a flat in South London if the slump is bad enough

>>23409442
>buying
>London

>>23409457
Top 5 global city, may as well have a foot on the ladder if I can afford it no? Can't really move elsewhere in country cos of my work

>>23409517
Leeds is a much better bet imo, might be a tad late now to get the very best deals but it's properly 'up and coming'. If not that then one of the towns on the outskirts. Buying absolute top-tier premium like London is not a good idea imo.

>>23399303
>What are council taxes

>>23399303
all property belongs to the queen. they can take it from you today if they so choose.

>>23409557
oh and yes this. pay to live there or go to prison. failure to pay council tax is one of the few things for which you're going to pretty much be guaranteed to get yerself locked in clink.

>>23409390
If you say so. I think Labour would made things worse as well, just in their own way. No party will save us, nor should we expect them to.

>>23409591
dont worry too much. cyclically throughout history mankind demands that it can elect someone profound who can take things in a new direction. AI will appear to have all the answers and will spawn a new religion.
Shame it'll be Apple, the actual antichrist (i do mean that literally, it is the thing which has been prophesied), but for a while it'll be cosy.

>>23409609
Do you have any kind of indication that Apple knows jackshit about AI? I would be inclined to think OpenAI or Google are closer to that point.

>>23409545
I certainly agree with you that Leeds is a better bet for a pure investment (if I get a good inheritance I was looking at buying an investment place either there or Glasgow, where my family is from), but if I'm paying London rent regardless I assume it's be better for me to buy down here.

>>23409623
i don't think it matters. A LOT of people rely on apple. they don't serve a higher power, they serve capitalism, so their approach will not stand up to eternal scrutiny, and when it collapses that will yield hell on earth. wont be able to communicate, wont be able to pay for things, all data lost, all hell will break loose. The antichrist is just a word leader who is selfish, so at the extreme ends of their reign they collapse, as does anyone who relies upon them. no superstition required, just common sense.

lets not forget that their company logo is literally the forbidden fruit with a bite taken out of it, and that their first device sold for $666. they're indicating that they don't give a fuck about serving a higher power, so their power will corrupt. this is what has been prophesied, precisely zero gods need to exist in order that these cyclical patterns repeat.

why is the fucking captcha so hard atm? so tedious

>>23401813
This really, those arabs and chinks don't know if they will get banned by the party/their cousins tomorrow so they buy a shitton of properties preferably in historic middle upper class areas.
This pushes back the middle upper class to middle class areas, etc...
Until every native lives in smaller houses further away from their jobs.
If you aren't a native you shouldn't be allowed to buy a place if you're not living there more than 6 months a year or be hammered by taxes.

But of courses the kikes speculating on this would get very mad.

>>23402522
>Every time the Fed buys a bond, that bond stays with the Fed until maturity. That bond has to be repaid eventually.
nope, it doesn't. The Fed can just keep printing money, keep buying the bonds, and obviously they can simply not as US to repay it
effectively they are 100% going to be bankrolling US with printed money. Hyperinflation and collapse of the dollar is unironically happening in a few years, stop thinking in the old paradigm

>>23399119
the only correct post in this thread

>>23409666

>>23409755
This. People failing to grasp this ngmi.

>>23409666
Lol, antichrist checked.
What does it mean that they sold it for 666.66? It's five 6s, not three. Is that hellish?
That stupid captcha is just farming big data. They seem to need an extra boost of data for some reason, so they manipulate the result. You are not failing the test, it just requires more successes even thou is telling you to "try again" as if you had failed.

>>23407553
Who is this?

>>23400391
found the burgerpoor

>>23400412
people should refuse to buy a flat that's anything other than equal share of freehold at minimum
leasehold is not ownership
leasehold keeps you a slave

>>23408631
lmao

>>23408631
What the fuck is a Deano and why do I keep seeing this?

>>23410707
British metrosexual

>>23399015
There is no SDLT for properties up to 550k which means all these rich boomers are buying more properties

>>23410707

>>23399119
>Ask sergey nazarov if you should buy chainlink
Sergey here, yes you should buy link, but be careful not to buy the fake link sold by nazis, only market buy the 500,000 LINK orders you see on binance every week.