in 10 years from now will house prices by higher than now

jojo1964

With a minimum estimated population increase over the next 10 years of 4.25 million who will need to live somewhere, my money would be on an increase in house prices in real terms.

Nine_Lives

:rotfl::rotfl:

way to turn a simple question into some interrogation session :rotfl::T

Ahhh, MSE.

To answer the question very simply - my bet is yes. End of.

Hell fire, that was difficult. And people say I over think. It's only a simple what if question. We're not playing with real money here people. Nobody is going to die if they get the answer wrong.

mcc100

K_P83 wrote: »

:rotfl::rotfl:

way to turn a simple question into some interrogation session :rotfl::T

Ahhh, MSE.

To answer the question very simply - my bet is yes. End of.

Hell fire, that was difficult. And people say I over think. It's only a simple what if question. We're not playing with real money here people. Nobody is going to die if they get the answer wrong.

No.

(I tried a one word answer but was told my message was too short and must be at least 10 characters long )

Thrugelmir

homelessskilledworker wrote: »

I was going post at some point the very points you have made here, the question is what is likely to bring house pices down?

Lack of credit will impact greatly as the BOE continues to combat deflation .

Nine_Lives

mcc100 wrote: »

No.

(I tried a one word answer but was told my message was too short and must be at least 10 characters long )

Ahh the good ol' 10 character thing.

Some times i think certain MSE folk go into auto-pilot mode & try pick apart peoples posts way too much.

Such as in one thread when i said i can be paranoid - people run with it & turn it into something it's not, saying i need to seek urgent medical attention.

Then you get a relaxed thread like these & people want to take it too far. Some people need to relax some.

PaulF81

Which area and what property type are you talking about? I dare say if you moved into a newbuild flat up north in 2006-2008 you are going to be looking down the barrel of real and nominal falls. If you bought a 5 bed in oxfordshire with a 1 acre paddock, have prices actually fallen yet?

wotsthat

10 years; increasing population; no sign of housebuilding picking up.

erm - let me think.

Batchy

I get the feeling your justifying waiting... Don't do it, just buy and live your life now.

homelessskilledworker

wotsthat wrote: »

10 years; increasing population; no sign of housebuilding picking up.

erm - let me think.

The UK population has been rising since the bronze age, are you saying that property has only boomed upwards since then.

Well of course you are, you are one of the "property only ever rises" mob

sabretoothtigger

the future is almost impossible to predict.

But humans are predictable in their mistakes, every generation repeats to some extent

Deflation in housing would only really occur if the supply of new (empty) housing outweighed the supply of new money. We have population growth in UK so its unlikely, Spain or Japan can worry more about deflation because their major fundamentals are retracting