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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〔(Top 25 property blogs ) The 50 best business blogs )〕
''The Times'' has described the website as "where you can check whether your home is about to become worthless"〔(Barely contained ), by Martin Waller, April 8, 2005〕 and was also made their website of the week.〔16 April 2006〕 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",〔(Crash course to being mortgage free ), Saturday April 26, 2008〕 and also a reputation for "a sense of the resentment and exclusion felt by those who cannot afford to buy." 〔(Living in a bubble didn't make us rich ), Ruth Sunderland, The Observer, Sunday April 13, 2008〕
==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."〔("Whatever happened to the demolition of our housing market?" ) Sam Dunn. ''The Independent on Sunday''. July 16, 2007.〕 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.〔(Lenders pull fixed-rate mortgages. Is a housing market crash coming? ), by Rupert Jones and Patrick Collinson, The Guardian, Friday April 20, 2007〕
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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