Debate House Prices


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It's Spring, where's the Bounce?

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  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    mewbie wrote: »
    Just realised it's April, nearly, peak time for house buying / moving / nesting / etc. Interest rates are at silly levels but no signs of cheer on the housing market. Surely by now the BTL investors who said "they'd just buy more" would be piling in by now. If even these brilliant business minds are sitting on the sidelines then it seems much more pain is yet to come.

    So far, in the recesssion, we have seen one failed attempt after another, to reflate / fix the economy. Brown has no more ammunition. The UK had the biggest house price bubble, and is the worst placed economy - this is a double whammy.

    This house price crash could turn out to be the worst in history.

    All depends on your view point of course. From mine I'll wait five years and then maybe it will be worth looking at BTL from a pension point of view. It's all about yield dontcha know? :rotfl:


    :rotfl::rotfl::rotfl::rotfl:
    '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 Thatcher
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