FTB's lead "market boom".

Percy1983

Conrad wrote: »

Yes the very determined bears seem to have an intrinsic propensity to make decisions largely driven by the desire to save money at all cost, whereas I think most people focus much more on lifestyle objectives (such as the enjoyment of doing up your own place / the feeling of pacing round your own little castle) rather than holding a constant fiscal balance in thier minds eye.

There is 2 ways I look at this, firstly I am not waiting for a big crash to buy and will buy at the first available opportunity.

The other side of me sees if I over pay for a home now it will effect me for the next 25 years of my life, so I will be getting the best value possible.

I will say once I have bough what happens to the value after that will have no relevance unless I decide to sell, its not a money pot its my home.

IveSeenTheLight

Percy1983 wrote: »

Interesting things is if enough people fear the boom and rush it could potentially cause the boom they fear.

Of course, the potential homeowner bubble (baloon) is expanding.
When the nozzle is released a little, there is always a rush.

IveSeenTheLight

Jimmy_31 wrote: »

I think the housing Market would be completely different if the media and banks stopped printing stories and house price averages.

Possibly, but how likely will they suddenly stop printing something that appeals to such a number of people.