Top all-time · #5065
Schroders global
Company blog · schroders.com/insightseconomicsbusiness
Schroders global is the company blog at schroders.com, writing about economics and business. Since 2017, 16 different Hacker News readers have linked it 16 times. No feed was found, so read it on the site itself.
Too few sampled comments (11) to say how often HN recommends it.?
Why HN links it
HN readers link Schroders insight pieces on long-run house price-to-income ratios and UK housing affordability, usually as data in debates about whether housing has become less affordable.
Summarised by Claude from a sample of 11 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
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Most-linked posts?
- /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/5 people · 5 mentions · first linked 2024-01-30
What Hacker News says?
Serious economists mostly suspect that the CPI overstates inflation. See eg https://www.schroders.com/en/sysglobalassets/digital/insight... or do some Google searches. In any case, I agree that inflation (or more precisely, the price level) is a finicky statistic to agree on. So if you are making an argument, it's better if you can avoid inflation. Eg people like to argue whether median real income has stagnated or…
Comment linking /en/sysglobalassets/digital/insights/pdfs/2016/ih5_is-inflation-overstated.pdf
on “The boss who put everyone on 70K”Submitted The Retirement Machine: AI, high earners, and the risk to global stock markets as a story · 3 points
HN discussionWhat has actually changed is that thirty years ago, the ratio between house prices and average earnings was about 4. By twenty years ago it had doubled and, most importantly, it has been at that level ever since with no real sign of dropping [1]. This is a structural change. We now have at least one, and perhaps two, generations of people who can't really alter their economic situation through hard work. That's the…
Comment linking /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “I wrote a book called “Crap Towns”. It seemed funny at the time”Submitted Impact of Treasury yields on Stock market as a story · 2 points
HN discussionI would love to know the proportion of people at, say, 25 that can afford to buy a house (in the area they grew up and of some reasonable size e.g. 3 bedroom) over time. Sure, income has gone up, but so have house prices and so that proportion has surely collapsed. That has a much bigger effect on young peoples' lives than the number of luxury items they can buy and stuff into the property that they don't have. Edit…
Comment linking /en/insights/economics/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “Where our economy is, for the young”Submitted Did Mexico just eat China’s lunch? as a story · 1 points
HN discussion> European society is based on capitalism. It is disingenuous to claim it is based on socialism. It is, but it's also very heavily influenced by socialism. You, and many other people, seem to believe it's and "either or" question when it really isn't and it never has been... > The person you are replying to was making the obvious point that noone knows a better system than the current one What does that even mean ?…
Comment linking /en/insights/economics/world-pension-ages-on-the-rise-when-will-you-retire/
on “No Recent Automation Revolution”Submitted Thinking the unthinkable: what if the US defaults? as a story · 1 points
HN discussionContrary to what you say, I am not looking to downplay the NIPCC report, and have only skim read it and the IPCC report. The reason I mention that it is the best example of a report summarising the case against climate change. It does talk about politics and whether evidence is circumstantial, the IPCC report does not - this does not mean I believe one report is objectively better than the other. The level of scient…
Comment linking /en/sysglobalassets/digital/us/pdfs/the-impact-of-climate-change.pdf
on “The Arctic as it is known today is almost certainly gone”Submitted What does stagflation mean for your equity portfolio? as a story · 1 points
HN discussionSpain and Morocco are already in the process of building a big solar array in Morocco and a third link across the Strait of Gibraltar (400 kV AC, 700 MW). https://www.ree.es/en/press-office/news/press-releases/2019/... It's not especially difficult either from a permit point of view or technically, this is well proven in Europe. See for instance: https://www.nationalgrid.com/national-grid-ventures/intercon... "Europ…
Comment linking /en-us/us/institutional/insights/what-are-interconnectors-and-why-are-they-the-key-to-the-renewable-energy-revolution-/
on “US government opens 22M acres of federal lands to solar”> House price ratio has doubled since 2000 but over the last twenty years in the UK it’s flat. The doomsaying is not justified. Now come on, data is data, if you want your arguments to live on the cite-able data, then you must accept that your arguments can also die on the cite-able data. Take a look at a longer term view of the data and tell me you wouldn't be angry: https://www.schroders.com/en-gb/uk/individual/in…
Comment linking /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “Why does Britain feel so poor?”> Housing, again is easy to disprove for the relevant timeframe - price to income ratios were not much higher Yet another unsubstantiated claim that is wrong: https://www.schroders.com/en-gb/uk/individual/insights/what-... https://fred.stlouisfed.org/graph/?g=n9xI https://www.igedd.developpement-durable.gouv.fr/IMG/jpg/prix... https://www.ceicdata.com/en/australia/house-price-index-seas... The US are kind of an outl…
Comment linking /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “The Miracle of Wörgl”I found this article fascinating. It's about the uk affordability of housing but with 175 years of data. https://www.schroders.com/en-gb/uk/individual/insights/what-... You can clearly see the impact of ww1 and the influenza pandemic in the 1914-18 period.
Comment linking /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “Birth rates are falling in the Nordics. Are natalist policies no longer enough?”> I grew up in Germany, enjoyed a free engineering education but moved to US after graduation The idea that you can get the education in X but not pay the dividends for it there, instead getting paid much better in Y, wasn't really your point. But there are limitations to giving your life to everyone too. Germany can't educate free workers for the US forever. That said I don't think there is a competitive election a…
Comment linking /en/us/insights/economic-views/is-china-about-to-become-a-source-of-global-inflation/
on “Data salaries at FAANG companies in 2022”Median house price to median household income ratio was a lot lower back in the 70s. Data for the UK (similar in all developed economies): https://www.schroders.com/en-gb/uk/individual/insights/what-... 4-6x from the 70s to the 90s, now 9x and growing rapidly.
Comment linking /en-gb/uk/individual/insights/what-174-years-of-data-tell-us-about-house-price-affordability-in-the-uk/
on “Mortgages Stuck Around 7% Force Rapid Rethink of American Dream”
