House Price Crash

Apr 27, 2006 6 Replies

Any news on when it will happen.



This group has been very quiet on the subject recently.



I'm in the process of selling house and renting.


Sometime within the next 8 months and 3 days or Crowley gets tarred and feathered!

So am I, but mainly because I having to maintain my own property is restricting my choice of job locations.

I'm actually suprised at how robust the market is for property in my town, it seemed to die completely last summer.

tim

It isn't possible to predict when it will happen until it actually does happen. It will happen when people are no longer willing to buy property at current prices. First time buyers are already pretty much priced out of the market, for existing home owners moving house, it makes little difference as they sell one house at an inflated price and use the money to buy another house at an inflated price, so it is down to the buy to let investors.

...and the couples splitting up, according to a recent report, a substantial part of the lower end of the market!

*yawn* f****it

Inviato da X-Privat.Org - Registrazione gratuita

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then the BBC are f*****ts as well for reporting it a few months back.

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