Tag: money
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Five charts that show the housing market is set for disaster
This is the highest level on record in Zoopla’s dataset, which goes back to 1959, if you exclude flash points during the 2020 housing market shut down and between 2008 and 2013, just after the banking system’s near collapse. The figures emphasise the strain fast-growing house prices has put on ordinary households. Rising values have ... -
How London property asking prices have struggled since Brexit
Inner London property prices have not kept pace in percentage terms with the rest of Britain since the Brexit vote in June 2016, exclusive analysis by This is Money reveals. On average, asking prices within Zones 1-3 of the capital have fallen 0.1 per cent between June 2016 and today, according to data from Rightmove. ... -
landlords’ retirement dreams in tatters
Max Armstrong, of North East Property Investment, a buy-to-let specialist, said the measures followed years of policy changes that had made buy-to-let less profitable and came alongside forthcoming minimum Energy Performance Certificate targets that could cost landlords up to £10,000 per property. “There is a worry that there will be a cumulative effect that, when ... -
Many in the Ozarks finding it hard to adjust to high rent, housing prices
OZARK, Mo. (KY3) – Rent and housing markets skyrocketed over the past year making it harder to find a place to live. Lori Hilt is living in Ozark but is looking to be on the move. “Someone is taking advantage, I mean, the housing markets ridiculous,” said Hilt. Hilt said finding a place to afford ... -
House prices and inflation add £100m onto dreaded death duties
Homeowners can also benefit from a residence nil-rate band of £175,000 on top of the nil-rate band, if they are passing their primary home to a direct descendant. This threshold has increased with inflation since it was introduced in 2017, but the Chancellor last year announced that it will be frozen until 2026. This means ... -
10 Best Side Gigs for Parents With Young Kids
At 3.6%, the unemployment rate is refreshingly low, but that doesn’t mean that people are making enough money at their jobs. Tons of Americans rely on both their full-time jobs and a side hustle to make ends meet. See: 22 Side Gigs That Can Make You Richer Than a Full-Time JobFind Out: Stimulus Updates To ... -
‘Gap in house prices and salaries will cause another financial crisis’
Homeowners typically have a gross annual income that is 29pc higher than that of private renters. Those on higher incomes also hold the bulk of the £180bn in additional savings British households accumulated over the pandemic. The new dominance of fixed-rate mortgages will insulate the market from much of the immediate pain of interest rate ... -
Why the electric car revolution is boosting your house price
Electric vehicle infrastructure is relatively well-developed in central London, but in the suburbs the shortfall is acute. While in Westminster there are 2.5 electric vehicles for every public charging point, in Dacorum in Hertfordshire, the ratio is 57. Similarly in Elmbridge, Waverley and Mole Valley in Surrey, the respective ratios are 51, 46 and 45. ... -
Landlords will lose money by next year as buy-to-let Britain falls apart
Buy-to-let yields have hit a record low, fuelling fears that property investors will sell up. Landlords could soon turn a loss as higher interest rates bite, while the Government’s buy-to-let tax crackdown further amplifies the pain of soaring mortgage costs. Nationally, gross rental yields are already at a record low of 4.38pc. This is because ... -
Ask Nancy: Should I sell my stock portfolio and sit on cash to weather the market meltdown?
Dear Nancy, The recent market meltdown has really gotten me concerned. The past couple of years my portfolio has had great returns. Last year it made over 20%. I have little to no fixed income. Not even any GICs. I have cash in a high interest savings account, but that is all. My stocks have ...