Ugly, expensive Housing

Fri, 17 Jul 2015 00:00:00 +0000

Yet another take on expensive housing.

I’m not sure I fully agree with the idea that poor aesthetic (actually, ugliness) has a dominating role in the pricing bubble. I still believe the the biggest issue is with political choices, that most probably are driven by lobbist interests.

Nevertheless this video is an interesting and watch-worth perspective.

After watching this video I subscribed to “The School of Life” channel. And frankly you should too.

Help to Buy means richer Builders

Fri, 03 Jul 2015 00:00:00 +0000

Britain, you have a problem: house prices in the East/South East have grown ridiculous. See 2014 house pricing data by the Office for National Statistics (ONS) that compares prices with the pre-crisis ones.

+31.6!?!?!?!

We all know that UK is very much London centered, and this is reflected in the graph above. The government doesn’t shy away from policy that are openly “pro-London” and while there are complaints, as an immigrant since 2007, I can see not much more than some “grumpiness” about it. It’s like Britons are “sort of ok with it”.

Bubble on Zio Ivan

Ugly, expensive Housing

Help to Buy means richer Builders