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Debate House Prices


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Offer accepted (Right or Wrong)

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Comments

  • Davesnave
    Davesnave Posts: 34,741 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you are only planning to buy when your daughter is off to uni, then surely you will be downsizing, as she'll either no longer need a room, or she will only require a smaller room to keep a few of her items in.

    You should be ok renting for 2 years as I dont think the prices are going to go up by much, if at all over that period.

    Confident predictions here!

    I don't disagree much with your stance on prices, but I question whether you have ever had daughters at uni.

    In my experience, they come back, and they are never alone! :eek:
  • martinbuckley
    martinbuckley Posts: 1,725 Forumite
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    Davesnave wrote: »
    In my experience, they come back, and they are never alone! :eek:

    But at that point they are also responsible for funding themselves (and whoever they choose to bring with them).
  • brit1234
    brit1234 Posts: 5,385 Forumite

    Most economists think stagnation or small rises are the most likely scenario:rotfl:, although some very respected bodies like the CEBR :rotfl:think we'll be 20% higher by 2014. A few, like Capital Economics, think we'll have big falls, although their track record to date is absolutely abysmal.

    Come on Hamish tell the truth.

    Most independant economists believe house prices will fall. The Austrian School of Economist predict house prices will crash. They have been seen as the most accurate predictors of the downturn. Most organisations reckon house prices will fall but only to cancel out the gains at the beginning of the year. However I am with the Austrian School of thought as it is similar to what I was taught in University under risk management and business continuity.

    The CEBR is a property funded lobby group paid for by the building industry to launch house price ramping stories.
    :exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.

    Save our Savers
  • chucky
    chucky Posts: 15,170 Forumite
    10,000 Posts Combo Breaker
    brit1234 wrote: »
    Most independant economists believe house prices will fall.
    Capital Economics don't really count as economists though.

    They're more like an act on Britain's Got Talent that people can laugh at with the stuff that they predict.
  • Davesnave
    Davesnave Posts: 34,741 Forumite
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    But at that point they are also responsible for funding themselves (and whoever they choose to bring with them).


    :rotfl::rotfl::rotfl:.................................
  • treliac wrote: »
    .

    Personally, I think house prices will fall for a while, then level off but stagnate for a longer period.

    you might aswell have said they might rise again just to cover all eventualities lol....:D

    do you want to give us any dates or shall we leave that to brit?;):T
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