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Debate House Prices
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Just for fun. PLace your stakes and say when you think the bottom will be.
Comments
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House prices to drop 15 % in 2009, 10% in 2010, 5% in 2011, Recovery starts albeit slowly April 20120
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I was told 2010 will be the best time to buy0
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I too am taking a wild stab in the dark here: I think it'll bottom out mid 2011. This is when I'm hoping to buy anyway, so it will be handy if it's then!!!0
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july 2009.0
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Late Spring 2009 and then they will start rising0
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Not again, OK April
'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher0 -
blip in spring 2009, fall for the remainder of 2009.
Bottom out winter 2009-10 and and slowly start to rise spring- summer 2010. At which point the experts on here will say they know better and that it was a blip last time and will be a blip again.
Very slow but steady increases from spring 2010 as people realise we are now in an era of low interest rates and buying will be cheaper than renting long term. Think people will be more careful with their purchases in terms of buying with the intention of staying put for longer.I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.0 -
Third quarter of 20100
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here q2 2012.. further south a bit earlier q3 2011.MF aim 10th December 2020 :j:eek:MFW 2012 no86 OP 0/2000
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Who cares !?
I will just keep on buying them and adding to my collection, with int rates where they are, rental demand going thru the roof(=very nice monthly rental profit rtn!) not to mention a growing housing shortage - which is far from being addressed there has never been a better time to buy. Anyone sitting on cash savings for the next few years is not only "not making any money" they are losing an absolute fortune, prop and gold and about the safest places to be for now (ex waterside, & city center lux ghetto apts/flats!)
The "bottom" i think will prob come sooner than most expect my guess is around April (regardless of year) and prob 2010.
Depending just how stupid the Gordon Brown streak decides to get with his "meddling"..and on the magnitude of any "quantitive easing" (printing cash and devaluing everything further) that will almost certainly occur fairly soon.
For those that understand, no explanation is needed.
For those that dont, no explanation is possible.
The RodentMy posts are my opinion which is neither right nor wrong.0
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