HousePriceCrash

HousePriceCrash is a website about the housing bubble and general affordability in the British property market. Its daily news blog was ranked by The Times as one of the top 25 property blogs[1] and one of the top 50 business blogs.[2]

The Times has described the website as "where you can check whether your home is about to become worthless"[3] and was also made their website of the week.[4] It has a reputation for being very pessimistic on the economy, with Richard Simpson in the Guardian saying that it gives him the "urge to build a bunker and start stockpiling baked beans",[5] and also a reputation for "a sense of the resentment and exclusion felt by those who cannot afford to buy." [6]

History

The site was established to collate and disseminate economic literature with specific regard to property in the UK and globally and "to act as a counterbalance to the huge amounts of positive spin the housing market receives in the main media."[7] Since the site was established the late-2000s financial crisis has occurred and other issues discussed in depth include the credit crunch and its repercussions.

The site was set up in late 2003 as a non-profit resource for consumers and was later acquired in January 2006 by Fubra, which is owned by Brendan McLoughlin.[8]

Media activity

Housepricecrash posters' views are bearish and this is reflected in public pronouncements on property.[9]

The website's former spokesman Jonathan Davis made various appearances in the media, including BBC Breakfast, BBC 6 O'clock and 10 O'clock News,[10] Politics Show,[11] Moneybox,[12] Sky News,[13] Panorama, ITN's The Tonight Programme and Bloomberg TV, as well as numerous radio appearances (e.g. Jeremy Vine, BBC Radio 5 Live) and in national newspapers including The Guardian,[14] Libération[15] and Forbes.[16]

References

  1. ↑ Top 25 property blogs <this reference is behind a commercial paywall
  2. ↑ The 50 best business blogs
  3. ↑ Barely contained, by Martin Waller, April 8, 2005
  4. ↑ 16 April 2006
  5. ↑ Crash course to being mortgage free, Saturday April 26, 2008
  6. ↑ Living in a bubble didn't make us rich, Ruth Sunderland, The Observer, Sunday April 13, 2008
  7. ↑ "Whatever happened to the demolition of our housing market?" Sam Dunn. The Independent on Sunday. July 16, 2007.
  8. ↑ Lenders pull fixed-rate mortgages. Is a housing market crash coming?, by Rupert Jones and Patrick Collinson, The Guardian, Friday April 20, 2007
  9. ↑ Head to head: Will property prices crash? BBC News 2007-03-13
  10. ↑ Evan Davis on BBC 10 O'Clock News, Hosted by Google video
  11. ↑ End of the housing boom? by Peter Henley
  12. ↑ Mortgages and the housing market: Your questions, 24 September 2007
  13. ↑ Sky News, hosted by AOL video
  14. ↑ "Don't touch the housing market with a barge pole", The Guardian, Saturday December 5, 2007
  15. ↑ (French) Vends 6 m2 pour 230 000 euros, June 27, 2007
  16. ↑ England's Property Pendulum Swings The Other Way, Lionel Laurent, Forbes, 08.20.07

External links

This article is issued from Wikipedia - version of the Thursday, December 31, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.