Der Anstieg der Immobilienpreise erreicht fast den höchsten Stand seit zwei Jahren

Why is it called “growth” for houses and “inflation” for everything else?

There used to be a guy who knocked around British subs saying that owning was bad and renting was better for most people.

Not seen him for a while now.

Here comes the peak, millennials everywhere are waiting for the bubble to burst so the landlords will all sell & we can finally get on the market

Edit: Yes, I’m well aware the burst isn’t going to come. Prices are only ever going to go up, your wealth is safe. Millennials are all paying a mortgage, it’s just someone else’s mortgage.

Why a bubble burst wouldn’t help anyways:
https://www.reddit.com/r/unitedkingdom/s/BFY1x0GoLx

People waiting for the crash are the same as those trying to time the stock market, there are rare dips but the general result is it continues to climb.

There’s too much money stored in property, peoples pensions back it, and there is just too massive a demand vs supply problem. Not to mention as others have, if there are situations where they begin to fall, affordability disappears with pumping interest rates.

Yet another metric for why every day in every way the country gets worse.

*Run from it, dread it, undesirable house inflation arrives all the same.*

This is not good news. I hate the way the press always spin it as ‘growth’.

If energy is prices go up, pressure groups rightly shout about those who can’t afford it and how some people will be pushed into poverty.

If food prices go up, the same thing happens.

But when house prices rise, seemingly all media sings and dances about how the economy is buoyant, completely ignoring that the ever inflating cost of actually just having a roof over your head is crippling families, younger people particularly, and this collectively has a way bigger effect on poverty than energy or food costs combined.

Can the media, and politicians actually wake up to this dire situation, and actually do something about it.

Anecdotally I know a couple of people selling houses who are having problems selling. They have dropped their asking price and still not selling. They went with the asking price the estate agent recommended initially. This is in good area in the south east and both houses are pretty much immaculate ready to go.

I honestly don’t understand how the housing market is still functioning. It makes no sense how people are still affording prices. I understand we have a supply shortage but I just can’t wrap my head around how the market is not stalling because no-one can afford to buy.