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 [ [http://property.timesonline.co.uk/tol/life_and_style/property/article1950611.ece Top 25 property blogs] ] and one of the top 50 business blogs. [ [http://business.timesonline.co.uk/tol/business/industry_sectors/media/article1923706.ece The 50 best business blogs] ]

The Times has described the website as "where you can check whether your home is about to become worthless" [ [http://business.timesonline.co.uk/tol/business/columnists/article378569.ece 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", [ [http://www.guardian.co.uk/money/2008/apr/26/renting.property 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." [ [http://www.guardian.co.uk/business/2008/apr/13/housingmarket.houseprices Living in a bubble didn't make us rich] , Ruth Sunderland, The Observer, Sunday April 13 2008]

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'" [ [http://findarticles.com/p/articles/mi_qn4159/is_20060716/ai_n16540071 "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. [ [http://www.guardian.co.uk/business/2007/apr/20/housingmarket.interestrates 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. [ [http://news.bbc.co.uk/1/hi/business/6382399.stm 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, [ [http://video.google.com/videoplay?docid=3811644413905431416 Evan Davis on BBC 10 O'Clock News] , Hosted by Google video] Politics Show, [ [http://news.bbc.co.uk/1/hi/programmes/politics_show/7103634.stm End of the housing boom?] by Peter Henley] Moneybox, [ [http://news.bbc.co.uk/1/hi/programmes/moneybox/6999374.stm Mortgages and the housing market: Your questions] , 24 September 2007] Sky News, [ [http://video.aol.com/video-detail/housepricecrashcouk-on-sky-news-160907/216380727 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 [ [http://www.guardian.co.uk/money/2007/dec/05/houseprices.property1?gusrc=rss&feed=users "Don't touch the housing market with a barge pole"] , The Guardian, Saturday December 5 2007] , Libération [fr [http://www.liberation.fr/actualite/monde/madeinuk/societevous/263624.FR.php Vends 6 m2 pour 230 000 euros] , June 27, 2007] and Forbes. [ [http://www.forbes.com/2007/08/20/britain-property-prices-markets-equity-cx_ll_0820markets23.html England's Property Pendulum Swings The Other Way] , Lionel Laurent, Forbes, 08.20.07]

References

External links

* [http://www.housepricecrash.co.uk/ Official site]


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