House Price Crash

House Price Crash

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

The Times has described the website as "where you can check whether your home is about to become worthless" [ [ Barely contained] , by Martin Waller, April 8, 2005] and was also made their website of the week. [16 April 2006] 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", [ [ Crash course to being mortgage free] , Saturday April 26 2008] and also a reputation for "a sense of the resentment and exclusion felt by those who cannot afford to buy." [ [ Living in a bubble didn't make us rich] , Ruth Sunderland, The Observer, Sunday April 13 2008]


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'" [ [ "Whatever happened to the demolition of our housing market?"] Sam Dunn. "The Independent on Sunday". July 16, 2007.] Other issues discussed in depth include the credit crunch and its possible repercussions, the bull run in the price of gold and the "sub-prime" crisis in the [United States.

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. [ [ Lenders pull fixed-rate mortgages. Is a housing market crash coming?] , by Rupert Jones and Patrick Collinson, The Guardian, Friday April 20 2007]

Media activity

Housepricecrash posters' views are bearish and this is reflected in public pronouncements on property. [ [ Head to head: Will property prices crash?] BBC News 2007-03-13]

The website's spokesmanr Jonathan Davis has made various appearances in the media, including BBC Breakfast, BBC 6 O'clock and 10 O'clock News, [ [ Evan Davis on BBC 10 O'Clock News] , Hosted by Google video] Politics Show, [ [ End of the housing boom?] by Peter Henley] Moneybox, [ [ Mortgages and the housing market: Your questions] , 24 September 2007] Sky News, [ [ Sky News] , hosted by AOL video] Panorama, ITN's The Tonight Programme and Bloomberg TV, as well as numerous radio appearances (eg Jeremy Vine, BBC Radio 5 Live) and in national newspapers including The Guardian [ [ "Don't touch the housing market with a barge pole"] , The Guardian, Saturday December 5 2007] , Libération [fr [ Vends 6 m2 pour 230 000 euros] , June 27, 2007] and Forbes. [ [ England's Property Pendulum Swings The Other Way] , Lionel Laurent, Forbes, 08.20.07]


External links

* [ Official site]

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