House Prices continue trend of stability.

funky-footprints

Id been led to believe Freelanders were one of the unsafest and most unrelaibe vehicles on the road ? Most certainly wouldnt be braggin about driving one of those !!!!!!! I'd rather stay at home with a mortage thankyou very much.

MiserlyMartin

wibble68 wrote:

However if prices remain stable for the next 4-5 years then the dream "soft landing" has occurred.

But my opinion is that a "soft landing" cannot be declared until 2010.

I agree with you entirely.

MiserlyMartin

mystic_trev wrote:

I'm a Property investor with two properties, one bought in 1996 and another in 1999. One property has more than trebled in value and the other more than doubled! I'm hanging onto those as they are long term investments and to sell would mean me having to pay CGT along with other costs. However, I am selling my home and moving into rented accomodation. I'd rather sit on the cash and watch the Property market crash.

Its nice to see a property investor here who can see whats going on. I have a friend who is very wise normally but has just bought another flat to let out. I told him that exposing yourself further at the moment would be foolish but he just says that he is in it for the long term. Fair enough, but theres no sense at all in buying further into a falling market right now!