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Debate House Prices
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martinbuckley wrote: »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:0 -
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HAMISH_MCTAVISH wrote: »
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
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martinbuckley wrote: »But at that point they are also responsible for funding themselves (and whoever they choose to bring with them).
:rotfl::rotfl::rotfl:.................................0 -
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