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Original poster

Why do house price keep rising

66 replies

numenor · 13/04/2026 20:09

There is a lot if discussion about how expensive property is and it keeps rising but people can’t afford.

why then do prices not drop?

OP posts:
lovealieinortwo · 13/04/2026 21:46

Affordability matters which is why London has seen falling prices/lower growth.

lovealieinortwo · 13/04/2026 21:43

Are they still rising? I thought they had dropped or stagnated & thats before accounting for inflation.

Firesidechatter · 13/04/2026 21:43

Hodofls · 13/04/2026 21:42

In London, especially in Westminster and the City, a lot of purchasers get their money from oil, arms dealing and embezzlement. No physical shortage of houses there - blatantly, as many of them are permanently empty.

🙄

Hodofls · 13/04/2026 21:42

In London, especially in Westminster and the City, a lot of purchasers get their money from oil, arms dealing and embezzlement. No physical shortage of houses there - blatantly, as many of them are permanently empty.

Firesidechatter · 13/04/2026 21:41

neverwakeasleepingbaby · 13/04/2026 20:54

Via inheritance mostly!

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Are you just making stuff up and posting it lol.

BMW6 · 13/04/2026 21:27

numenor · 13/04/2026 20:49

But where do people find the money to buy them?

Odd question............people earn enough money to save a decent deposit and get a mortgage.

Or inherit enough to put down a deposit.

Or take early retirement at 50 and use the pension lump sum as a big deposit and get a small mortgage for the balance.

I'm sure there's other ways as well. 🙄

Fourhorsepeopleofthefunopcalypse · 13/04/2026 21:23

Because despite the narrative that no one can afford a house (and it is genuinely harder than in the past), there are still plenty of buyers, plenty of demand, and a general shortage of housing stock.

Hodofls · 13/04/2026 20:55

Houses are assets. In a low growth economy houses will sell. They also sell in an economy with low interest rates. And in countries that literally print money, like we do. That's the main driver of demand. We've actually got plenty of houses in the UK. We've got quite a lot of empty houses, and a fair few holiday properties too. Sure, a lot of houses are old and poor quality. But, that doesn't matter - when there's investment driven demand, even a mouldy, pokey Victorian single brick two up two down will fetch £750k.

neverwakeasleepingbaby · 13/04/2026 20:54

Firesidechatter · 13/04/2026 20:51

Nonsense, there is 300-400 thousand first time buyers each year.

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Via inheritance mostly!

Firesidechatter · 13/04/2026 20:51

neverwakeasleepingbaby · 13/04/2026 20:50

It’s basically just the same people buying and selling them with hardly any new entrants into the market!

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Nonsense, there is 300-400 thousand first time buyers each year.

Firesidechatter · 13/04/2026 20:51

The value of money goes down, what a pound buys you today will not buy you in ten years. That’s part of it. Not all/

how do people afford them, most it’s earnings, some it’s Inheritance, how do you think they afford them?

neverwakeasleepingbaby · 13/04/2026 20:50

numenor · 13/04/2026 20:49

But where do people find the money to buy them?

It’s basically just the same people buying and selling them with hardly any new entrants into the market!

Original poster
numenor · 13/04/2026 20:49

But where do people find the money to buy them?

OP posts:
SpottyAlpaca · 13/04/2026 20:48

Basic economics. Demand for housing massively outstrips supply, as it has for decades. When that happens for any commodity, the price rises.

First, the demand side of the equation:
People are marrying & settling down later in life, so there are more single households than ever before.
The population has been increasing significantly due to 25 years of mass immigration. The political Left doesn’t want to talk about this, of course. They want to blame developers, NIMBYs etc.

Second, the supply side of the equation:
Britain is not building anything like enough houses, and hasn’t been for decades. This is due to strict planning rules, developers hoarding land, NIMBYs pressurising elected politicians etc etc. The political Right doesn’t want to talk about this, of course. They want to blame immigrants.

PottingBench · 13/04/2026 20:26

House prices did drop last month
www.bbc.co.uk/news/articles/cj401ll8j5zo

Beck30 · 13/04/2026 20:12

Not enough being built. The population is rising as fast, or maybe slightly faster, than the housing stock.

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