Sign up to save your podcasts
Or
Share The Collapse of the UK Housing Market May Be Coming
Share to email
Share to Facebook
Share to X
Share to email
Share to Facebook
Share to X
Or
The Collapse of the UK Housing Market May Be Coming
The UK housing market is not in a good place. Mortgage rates are up, buyers are disappearing and so are sellers. The former don’t want to dump money in a falling market, and they can’t afford mortgages at current prices anyway. The latter don’t want to accept that prices are falling in the first place.
The result? A standoff. And that means the number of transactions are dropping. And while prices aren’t sinking very fast right now, what happens when sellers can’t hold out any longer? If the past is any guide, prices will fall very fast indeed—just like they did in the early 1990s.
How far and how fast? In this week’s episode of the podcast Merryn Talks Money, Senior Editor Neil Callanan and Senior Reporter John Stepek join Merryn Somerset Webb to discuss the scope of the potential implosion. There are an awful lot of vested interests out there insisting that prices won’t fall more than 10%, but without government intervention, they warn prices may drop as much as 40%.
See omnystudio.com/listener for privacy information.
View all episodes
By Bloomberg
4.2
3333 ratings
The UK housing market is not in a good place. Mortgage rates are up, buyers are disappearing and so are sellers. The former don’t want to dump money in a falling market, and they can’t afford mortgages at current prices anyway. The latter don’t want to accept that prices are falling in the first place.
The result? A standoff. And that means the number of transactions are dropping. And while prices aren’t sinking very fast right now, what happens when sellers can’t hold out any longer? If the past is any guide, prices will fall very fast indeed—just like they did in the early 1990s.
How far and how fast? In this week’s episode of the podcast Merryn Talks Money, Senior Editor Neil Callanan and Senior Reporter John Stepek join Merryn Somerset Webb to discuss the scope of the potential implosion. There are an awful lot of vested interests out there insisting that prices won’t fall more than 10%, but without government intervention, they warn prices may drop as much as 40%.
See omnystudio.com/listener for privacy information.
More shows like Merryn Talks Money
View all
Bloomberg Intelligence
407 Listeners
54 Listeners
Masters in Business
2,169 Listeners
Bloomberg Businessweek
421 Listeners
Trumponomics
354 Listeners
Investors' Chronicle
12 Listeners
This is Money Podcast
42 Listeners
The Meaningful Money Personal Finance Podcast
93 Listeners
The Money To The Masses Podcast
15 Listeners
Foundering
965 Listeners
Money Makers
10 Listeners
The Personal Investor
15 Listeners
Trillions
193 Listeners
AJ Bell Money & Markets
13 Listeners
On The Money
5 Listeners
Here's Why
68 Listeners
Out of Office
31 Listeners
Money Maze Podcast
38 Listeners
Listen to the Story
4 Listeners
Switch Your Money On
4 Listeners
Behind the Balance Sheet
45 Listeners
Into the Metaverse
58 Listeners
Bedrock, USA
232 Listeners
Zero: The Climate Race
229 Listeners
Bloomberg Tech
60 Listeners
Bloomberg News Now
63 Listeners
The Deal with Alex Rodriguez and Jason Kelly
83 Listeners
Money Stuff: The Podcast
382 Listeners
Unhedged
162 Listeners
Many Happy Returns
37 Listeners
Bloomberg Talks
22 Listeners
In the City
12 Listeners
Bloomberg Opinion
7 Listeners
The Cable
2 Listeners
IVF Disrupted: The Kindbody Story
78 Listeners