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Re: Should we wait to buy our first property?

>> Does anyone remember the economic circumstances that lead to the UK >> property market crash back in 1991? Were house prices ridiculously over >> priced back then, or did something else contribute that's different than >> today? >> >> Just wondering as my partner and I have recently been looking at buying >> our first home and viewed several grotty properties in various dodgy >> areas for around the 130000 mark. > > Might be worth your while posting this to-uk finance ng.- if you > haven't already. >

Thanks for all the replies. I found an article available at

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It's US based but the similarities to the current UK market and trends and scarily similar.

So I think we're going to wait it out for a few more months and see if things start to drop.

Thanks again

Dan

Reply to
Dan Williams
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In message , Dan Williams writes

Dan,

You've probably told us, but where are you looking?

In my bit of Manchester, just South of the City Centre, there was some doom and gloom between September and the early New Year, but things are getting busy again, properties are selling again, and I wouldnt be surprised if prices continue to rise.

I remember planning for a market collapse in late 2000 and early 2001, and we all know what happened

Regds

Reply to
Richard Faulkner

just so....i repeat....no-one can forecast the markets....

Reply to
abelard

I collate UK data on a spreadsheet -

It's discussed regularly, search the uk.finance archive -

Daytona

Reply to
Daytona

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