Debate House Prices

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MSE News: Halifax: house price growth decelerates



  • chucky
    chucky Posts: 15,170 Forumite
    nembot wrote: »
    It would if there actually was a supply and demand problem, however the only people saying this are the ones with something to gain.

    1,000,000 empty houses and 600,000 for sale on Rightmove does not equate to a shortage in any sense of the word.

    Unless we have 600,000 transactions a month, which we don't...
    it's a bit more than that though - if you look at the demand and supply of good quality homes (i'm not talking condition here), that's where there's a shortage currently.

    if these prices increase it pulls up the price of other property

    if lots of good quality of property was on the market it would soften prices.
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