Hammer homes: Would a house price crash be a good thing?

The Bunker

Podmasters

News, Politics, Society & Culture, Government

4.6 • 984 Ratings

🗓️ 25 July 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

Buying a house in the UK is almost impossible for many people. But house prices could fall by 10 per cent over the next 2 years. Is that a good thing? Peter Apps is the deputy editor of Inside Housing magazine, he joins Hannah Fearn in The Bunker. “There’s so much demand in the UK and there’s such a shortage of houses.” – Peter Apps. “It’s very difficult to predict where we’re going to be for the next couple of years.” – Peter Apps. “If people start losing money on Help to Buy deals, the government immediately starts to take notice. Private renters are basically on their own.” – Peter Apps “Private landlords aren’t asking themselves difficult questions about what people can actually afford.” – Peter Apps. www.patreon.com/bunkercast Written and presented by Hannah Fearn. Producer: Chris Jones. Audio production: Alex Rees. Group Editor: Andrew Harrison. Managing Editor: Jacob Jarvis. Music by Kenny Dickinson THE BUNKER is a Podmasters Production Instagram | Twitter Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	My name is Stan. I'm at. Nice to meet you. So you took up photography where? I've always loved
0:05.5	photography but I turn it into earning a living at 60. I enrolled on a day course.
0:11.8	Well college. I loved going to college. It's good you can retry. I'm enrolled on the day course. But college?
0:13.0	I loved going to college.
0:14.0	It's good you can retrain and do something.
0:16.0	Yeah, yeah.
0:17.0	Let's talk about working, learning, saving and making the most of living longer.
0:22.0	Phoenix Group is the UK's largest long-term savings and retirement business.
0:28.0	Search Phoenix Group living longer.
0:30.0	Pets brings so much joy.
0:32.0	From those happy greetings at the door to the warm cuddles on the sofa
0:36.7	so give a little love back with dental life from Purina a range of delicious chues made for dogs and tasty snacks for cats that help clean and support your pets, teeth and gums, essential for their overall well-being and a happy, healthy life. They give you plenty of smiles so
0:55.3	look after theirs with dental life. Pick up dental life in the pet food aisle. Hello and welcome back to the bunker. I'm Hannah Fern. As a journalist and commentator, I've been covering housing for almost two decades, but it's only in the last couple of years that everyone else wants to actually talk to me about it too.
1:19.0	With rent soaring and homeowners facing a spike in their mortgage repayments housing costs are
1:24.4	set to become an election winning or losing issue and central to all this is property
1:29.5	prices and with the prospect of a crash on the horizon, we wondered, would that actually be a good thing all round?
1:35.6	And who would be the winners and losers in such an event?
1:38.0	Joining me to discuss this is Pete Apps.
1:40.0	He's the deputy editor of Inside Housing magazine and a friend of the podcast.
1:43.5	Hi Pete.
1:44.5	Hi, hello, thanks for the invite.
1:45.5	Well, first of all, let me say huge congratulations.
	...

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