Nobody downloaded yet

There is a real danger of a house price bubble in London. Discuss - Essay Example

Comments (0) Cite this document
Bubble circle is a continuous process that may take time to stabilize again. London has been experiencing the ‘housing bubble’ for some…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.9% of users find it useful
There is a real danger of a house price bubble in London. Discuss
Read TextPreview

Extract of sample "There is a real danger of a house price bubble in London. Discuss"

Download file to see previous pages Currently, effects of the bubble cause disruption in housing and economic system in London. The danger in housing bubble is becoming more eminent due to factors surrounding the London economy. UK housing bubble is demand related with prices falling slightly in 2008 due to low demands (Economic Outlook, 2013, p.6).
Identification of economy bubble is easy contrary to beliefs of many economists. Signs of housing bubble were evident in London over two years ago. Over a year since then, the prices have continued to rise making the more unaffordable to people. This poses many dangers to those living or willing to live in London city, as the cost of living will also is unbearable. The house price bubble probably affects all the sectors in London’s economy. Localization of the effect of house price bubble has base in London alone now and other areas may experience their own bubbles.
Rise in houses prices does not currently discriminate location of the area. It takes place all over the city. At first, one may think investors have taken even the poor regions of the city due to high prices. Percentage house prices increases in Brent and Lambeth were almost similar to those in Hammersmith & Fulham and Westminster. The rate of price rice in London is above that in any place in Britain and the rise is consistent since 2003 while all other factors changed slightly. House price rise estimation is at 18 percent. Although the rate of increase has not reached tat of 2007, its overall prices remain high than those in 2007. Building society has confirmed that t this percentages are greater than they had been before. The impact of high house prices affects the economy, which in turn cause low living standards. High debts numbers has macroeconomic impact that may cause recession, which has great effects.
The house prices in comparison to employees’ wages bring out the effect clear. In the past decade, salaries payable to any ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“There is a real danger of a house price bubble in London. Discuss Essay - 9”, n.d.)
There is a real danger of a house price bubble in London. Discuss Essay - 9. Retrieved from
(There Is a Real Danger of a House Price Bubble in London. Discuss Essay - 9)
There Is a Real Danger of a House Price Bubble in London. Discuss Essay - 9.
“There Is a Real Danger of a House Price Bubble in London. Discuss Essay - 9”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF There is a real danger of a house price bubble in London. Discuss

Financial And Economic Crisis

...countries have to submit themselves to the high capital requirements for banks as it is monitored by their Central Banks. In effect, in reality the influence of powerful politicians on private banks gave them access to huge loans available for high risk investments. These loans were not only invested in the high risk and speculative stock market but also in real estate and other far countries. It looked lucrative during the pre-crisis period but the bubble came later. As such, Asia was set up for the explosion that was inevitable in the Asian Financial Crisis of 1997 (Krugman, 1997). Many foreign investors ran towards the exit and other investors withdrew their money from the banks while asset...
16 Pages(4000 words)Assignment

Research on China's real estate housing price

...of the main cities in the country such as Shanghai and Beijing also came up with restriction orders to govern the investment on real estate. However, the house prices in Beijing and Shanghai continued to rise sharply despite of the restrictions throughout the year with a growth rate percentage of 42% and 44%. As a result of the fast growth in the house prices, several questions have been asked by scholars to explain as to why the prices are growing rapidly. Some of the factors that were suggested by the scholars to have led to the changes in house price are; the urbanization growth, increased income...
18 Pages(4500 words)Research Paper

Causes for the 2007-2008 Subprime Mortgage Crisis the role of mortgage-backed securities on the bank leverage

...16 2.2 Northern Rock 17 2.2.1 Pathway to Bankruptcy 18 2.2.2 Spill over effect of US sub-prime crisis on UK 19 2.2.3 The positive outcome 20 2.3 Housing Price Index 23 4. Limitations of the study 25 5. Implication of the Discussion 26 References 28 1. RESEARCH METHODOLOGY 1.1 Chapter Introduction Research is not just the process of gathering information but it is answering the unanswered questions or creating something which is not currently existing (Goddard and Melville, 2004). In simple words research refers to the search of knowledge. Thus it can be defined as the systematic and scientific search for significant information on a definite topic. It involves defining and redefining a...
34 Pages(8500 words)Dissertation

Real Estate Price Volatility

...Real E Price Volatility- The Discussion of a Model Introduction Housing price behavior has always been an area of interest to all participants in the housing sector as it is one of the investment avenues in the market like any other profitable opportunity. The recent developments in the housing sector and economic turmoil as a result of the subprime crisis in the United States of America have compounded the need to accurately predict the price of houses as it is subject to perennial volatility. Over the years many experts across countries have attempted to study the behavior of house prices and developed appropriate models to suit the diverse needs of various stakeholders. However, models that are relevant at a time point need... ...
4 Pages(1000 words)Research Paper

European House Price

...increase of prices. This had much to do with the presence of important economic centers in those countries. An example in this regard can be London in the UK. These points were found in the review of the literatures used in this paper. The primary findings through the literature review shows that the prices in the property market dipped in the wake of the recession. It is expected that the primary and secondary surveys, which will be conducted for the research, will be in accordance with the primary findings. Discussion Interpretation of the findings From the literature review, it is inferred that the recession had a wide impact in the house...
17 Pages(4250 words)Essay

Australian Capital Market

...of the corporate since its only then that they can see any danger and raise alarm. Judges and regulators should also help protect investors from big losses. The investors could also play a major role by encouraging the management thus making them to create a culture of observance. Those who preside over the collapse of the corporate body worsen the situation as they use the money from the collapsed body to enrich themselves. Australia’s Superannuation Industry and Real Estate Industry in Response to GFC Superannuation in any context means the contribution of employees in the foreseeable future event of retiring. In Australia, the funds are used for investment projects and the earnings are credited to...
10 Pages(2500 words)Case Study

Price bubble

...of the experiment was the approximation of risk-neutral expectation market equilibrium, which was due to that traders in all three model markets began to learn that common market price expectation that is from their expected dividend earning with asset shares. Discussion Question The above mentioned market-laboratory experiment raises an important question regarding the price bubble mainly about why people buy assets when they are of huge prices. Despite all explanations, including the opportunities of earning increased profits, the answer may be quite unknown. Why still people buy assets for such very high prices?....
1 Pages(250 words)Essay

Finding and Expert and Interviewing Expert Effectively

2 Pages(500 words)Essay

Youtube Jean Kilbourne's Killing Us Softly and Still Killing Us Softly videos. Her research looks at gender and how women (and some men) are portrayed in advertising

2 Pages(500 words)Essay

Family Owned Real Estate Properties in London

...Family businesses are entities purely owned by members from one family. The top management of such entities is normally comprised of familymembers who undertake the daily roles of running business activities of the organizations. This study focused on family owned real estate businesses that are located within the City of London. Among the most prominent real estate companies that are family owned, include the Grosvenor Estate, the Cadogan Estate, the Howard de Walden Estate, and the Portman Estate. These companies have a big shareholding in the London property market mostly because their founders acquired land in the earlier centuries when land the...
38 Pages(9500 words)Dissertation
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic There is a real danger of a house price bubble in London. Discuss for FREE!

Contact Us