HousePriceCrash

HousePriceCrash is a website about the housing bubble and general affordability in the British property market. Its daily news blog was ranked by The Times as one of the top 25 property blogs^[1] and one of the top 50 business blogs.^[2]

The Times has described the website as "where you can check whether your home is about to become worthless"^[3] and was also made their website of the week.^[4] 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",^[5] and also a reputation for "a sense of the resentment and exclusion felt by those who cannot afford to buy." ^[6]

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."^[7] Since the site was established the late-2000s financial crisis has occurred and other issues discussed in depth include the credit crunch and its repercussions.

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.^[8]

Media activity

Housepricecrash posters' views are bearish and this is reflected in public pronouncements on property.^[9]

The website's former spokesman Jonathan Davis made various appearances in the media, including BBC Breakfast, BBC 6 O'clock and 10 O'clock News,^[10] Politics Show,^[11] Moneybox,^[12] Sky News,^[13] Panorama, ITN's The Tonight Programme and Bloomberg TV, as well as numerous radio appearances (e.g. Jeremy Vine, BBC Radio 5 Live) and in national newspapers including The Guardian,^[14] Libération^[15] and Forbes.^[16]

References

External links

• Official site