House Price Crash

From Wikipedia, the free encyclopedia

A house price crash is a sudden fall in the value of residential property. While the exact value of a fall to constitute a crash is constnatly under discussion, a crash is generally accepted as being 10% inflation adjusted.

1 Websites For House price crash

[edit] Websites For House price crash

housepricecrash.co.uk is a website devoted to discussing a perceived real estate bubble in the British property market.

[edit] Contents

A news blog with links to web news items relevant to house prices, updated daily.
A number of academic articles discussing the economic aspects of the UK housing market.
A forum about housing economics and other related economic subjects.
One source for all UK house price statistics.
House price predictions from a range of economists.

The site was set up in 2003 as a non-profit entity, and was later bought by FUBRA January 2006.

[edit] Media Activity

Generally, their posters' views are bearish and this is reflected in public pronouncements on property,^[1] and were accused by property bull Kirsty Allsop of being an organised conspiracy to "insider trade" on a house price fall.^[2] ^[3] The site was established to collate and disseminate economic literature with specific regard to property in the UK and globally. It is regarded as one of the leading examples of a forum for UK "property bears" to debate the issues arising from the house price bubble.^[4] Other issues discussed in depth include the credit crunch and its possible repercussions, the recent bull run in the price of gold and the "sub-prime" crisis in America.

The media spokesman for www.housepricecrash.co.uk is financial adviser Jonathan Davis. He has made various appearances in the media, including BBC Breakfast, BBC 6 and 10 O'clock News, Sky News, Panorama, ITNS The Tonight Programme and Bloomberg TV, as well as numerous radio (eg Jeremy Vine, BBC Radio 5 Live) and national newspapers.