'What'll happen to house prices in 2012?' poll

Former_MSE_Penelope

Poll started 31 January 2012, click here to vote

What'll happen to house prices in 2012?

Annual UK house prices have reportedly fallen around 1% in the last year. So it's time for our regular poll to ask you where you think they'll go next.

What do you think'll happen to UK house prices over the next 12 months?

A. Increase by over 20% (big boom)
B. Increase by 10-20% (boom)
C. Increase by 5-10%
D. Increase by 2-5%
E. No real change
F. Decrease by 2-5%
G. Decrease by 5-10%
H. Decrease by 10-20% (smaller crash)
I. Decrease by over 20% (crash)
J. I really have no idea

2010

Who cares, I would have thought there are enough threads on the forum dealing with this pointless subject.
Buy a house to LIVE IN.

landsker

If mortgage interest rates go up there will be very many repos. and the market will crash.

Coveredinbees!!!!

I just want to clear my mortgage before the rates do go up.

MSE_Martin

2010 wrote: »

Who cares, I would have thought there are enough threads on the forum dealing with this pointless subject.
Buy a house to LIVE IN.

This is a discussion thread to a full site poll - the vote will likely have 20,000 people taking part. House prices are partly about sentiment so its a pretty good indicator of that. So overall I'd think quite a few people care - certainly the 250 who've voted in just the first 10 minutes.

torbrex

2010 wrote: »

Who cares, I would have thought there are enough threads on the forum dealing with this pointless subject.
Buy a house to LIVE IN.

MSE_Martin wrote: »

This is a discussion thread to a full site poll - the vote will likely have 20,000 people taking part. House prices are partly about sentiment so its a pretty good indicator of that. So overall I'd think quite a few people care - certainly the 250 who've voted in just the first 10 minutes.

It would have been a good option for the poll.

k. I don't care, I bought my house to live in.

tescobabe69

landsker wrote: »

If mortgage interest rates go up there will be very many repos. and the market will crash.

Very big if.
But I live in hope.

donny-gal

While everyone buys their house to live in, some need to buy small, and hopefully move on up as their family size/salary changes. No one wants to see what they have worked hard to get go down in value. DG

tescobabe69

donny-gal wrote: »

While everyone buys their house to live in, some need to buy small, and hopefully move on up as their family size/salary changes. No one wants to see what they have worked hard to get go down in value. DG

Think about it DG, if house prices drop by 25% will that make your move to a larger house easier or harder ?

donny-gal

We are fortunate, our mortgage is paid, it is our son who has to climb the ladder, but if his flat price drops by 25% then he will end up in debt for a large part of that amount, and as a 1 bedroom place on the second floor, does not allow for a family. DG

jimpix12

Does 'no real change' take into account a ~3% drop in real time prices owing to inflation etc?