Do You Expect House Prices To Increase In Over The Course Of The Next 12 Months?

distilled

Not long. I was born and bred up there!

Doozergirl

follyfoot wrote:

Where?? I am london based - and was looking on the net at 2 bed flats selling for £285k in dulwich.

I nearly bought a 2 bed in Dulwich for £112,000 about 4 and a half years ago! His sale fell through and he decided not to move. :mad:

Ian_W

distilled wrote: Minus 500 degrees - Hell freezes over - Sunderland qualify for Europe

Yup - agreed - about the only chance they do have!!

rozeepozee

What a jolly little thread this is turning out to be :grouphug: I think I've sold one of my flats so I now definately want them to go down :rotfl: but I'd be happy enough if they rise by less than the cost of the mortgage interest on my other property that I'll use my profit to pay off

darktrader

I voted "no."

I actually thought they would crash last year. The longer they stay at this level, coupled with ever-rising credit card debt, an overspending, profligate government and the inevitable downturn in the jobs market then the bigger the crash when it comes.

Not pessimistic you understand - just the opposite. Just been around long enough to have seen it all before - and prepare myself financially for the inevitable.

IN_LIKE_EVERYONE_ELSE!

Ditto Darktrader.

Deemy

Money supply.. the world is STILL awash with money...

Something needs to happen to take money out of the system, and not running at about 10% per annum !

sezdav

I thought the market would crash a good few months ago, as draktrader said really. Where i live, hampshire, house prices have been JUST stable for about 10months now. However as per normal post xmas lots of house up for sale, increased prices and many sold signs going up already! Now in my road there are tiny 1bed masonettes up to 4bed detatched house and all different propertys are selling. So there is obviously money about there somewhere, obviously still people willing to ride the property market and obviously fresh blood buying into it too. So i vote "yes" they will rise. Just cant see a crash based on whats been happening (even though documentation would tell us otherwise!)

distilled

UPDATE!!!!

Visitor numbers still up on last year, cheque books out

tomstickland

Round here most house builders are offering hefty incentive packages though - stamp duty, legal fees, furnishings, sell previous home and one even offering £10K debt clearance money.