More free money

[DimPrawn]

UK house prices to jump by 6% in 2016: Rics - FTAdviser.com

UK house prices to are set to increase an average of 6 per cent over the course of the year, according to the Royal Institution of Chartered Surveyors.

The organisation’s housing forecast for 2016 stated that East Anglia is continuing the trend seen in that region during 2015, with the highest predicted house price rise at 8 per cent.

Something for Mauve Monkey to think about over Christmas.

[ChimpMaster]

George Osbourne's tax decisions are based on a report by a 22 year old

Rent rises could soon outpace house prices, warn surveyors - BBC News

"Simon Rubinsohn, Rics chief economist, blamed government moves to discourage buy-to-let landlords."

Odd that, isn't it George Osbourne? Just goes to show that you shouldn't base wide reaching economic decisions on a report written by a 22 year old inexperienced graduate:-

Landlord Tax Grab - source document EXPOSED | Property118.com

"The landlord tax grab, which will make the housing crisis worse, was proposed by David Kingman, a non-economist, in a deeply flawed report which he wrote in 2013, the year he left university with a degree in – Geography"

[Zero Liability]

TBF, the average economics graduate would probably come up with something even worse, knowing what they're taught these days.

[OwlHoot]

Much as I'd like to, I don't believe a word of this

2015-12-22 Existing Home Sales Collapse - Worst November In History

(although that is the US)

[AtW]

"The landlord tax grab, which will make the housing crisis worse, was proposed by David Kingman, a non-economist, in a deeply flawed report which he wrote in 2013, the year he left university with a degree in – Geography"

[_V_]

Have we seen a more incompetent govt than this in our lifetime? Idiots led by morons, advised by cretins.....

[AtW]

Have we seen a more incompetent govt than this in our lifetime? Idiots led by morons, advised by cretins.....

I am sure they can and will do much worse than this ...

On a brighter note: USD/GBP: 1.48

[darmstadt]

All going to plan, don't worry, be happy: Economy concerns as household debt rises to £40bn in latest figures | Business | The Guardian

forecasts have found that households have moved from a surplus of £67bn in 2010, the year the coalition took power, to a £40bn deficit this year.

As someone in the comments said:

I'm forever blowing bubbles
Pretty bubbles in the air
They fly so high
Nearly reach the sky
Then like my dreams
They fade and die
Fortunes always hiding
I've looked everywhere
I'm forever blowing bubbles
Pretty bubbles in the air

[DimPrawn]

forecasts have found that households have moved from a surplus of £67bn in 2010, the year the coalition took power, to a £40bn deficit this year.

Because you can get a dozen interest free credit cards, no questions asked, and a personal loan at about 3% APR. Within 24 hrs you've got more borrowed money than you can earn in a year.

Money is so cheap, everyone is gorging on it, back to the old "My house has gone up £200K so we're spending it like Beckham..."

Tories will carry on regardless and hand the sorry mess to some other LibLabCon s

[BrilloPad]

Because you can get a dozen interest free credit cards, no questions asked, and a personal loan at about 3% APR. Within 24 hrs you've got more borrowed money than you can earn in a year.

Money is so cheap, everyone is gorging on it, back to the old "My house has gone up £200K so we're spending it like Beckham..."

Tories will carry on regardless and hand the sorry mess to some other LibLabCon s

2008 made alot of difference didn't it.