London’s rip-roaring property market is starting to stutter. And things could get much worse after the election, says Merryn Somerset Webb.
Ed Miliband’s rent controls brainwave won’t do anything to lower rents for hard-pressed tenants, says John Stepek. But it might hit house prices.
Purpose-built retirement properties make a lot of sense for everyone – not just the elderly. We need a lot more of them. But, asks Merryn Somerset Webb, what’s the best way to create them?
At current prices, it takes 232 ounces of gold to buy the average UK house – up 60% in the last three years. Here, Dominic Frisby compares the two markets.
Investors’ appetite for stocks is nothing compared with their love for property. But anyone expecting big gains from bricks and mortar could end up very disappointed, says Matthew Partridge.
We need to persuade old people to downsize, and free up family homes for younger people. But the Tories’ latest inheritance tax plan will do exactly the opposite, says Merryn Somerset Webb.
We don’t have a housing shortage in the UK, we just don’t have enough of the right houses in the right places, says Merryn somerset Webb.
For an investment that earns a proper yield, forget property – even in London – and look at the stockmarket, says Bengt Saelensminde.
Thousands of new £1m-plus flats are being built in London. Locals don’t want them – so who’s going to buy? They’ve got bubble written all over them, says Dominic Frisby.
The SNP’s new stamp duty equivalent for Scotland, appears to have been designed to send a clear message to the well off in Scotland – expect devolution to mean you pay more tax.