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Showing posts with the label buy or rent

House prices in the UK

United Kingdom house prices going down.. Some reasons I can think of High value initial money requirements Stricter immigration controls? Value of house more than average wages Un-employment on the rise and no spare money for youth. The long term price trend graph is also going down. The above graphs are very much in-line with the research and bubble market hypothesis as I already noted in my previous post  http://www.diaryfolio.com/2012/03/housing-and-financial-bubble.html There are quite some clever graphs to check if its better to Buy house or Rent including the long term impact NYTimes Graph