We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
The MSE Forum Team would like to wish you all a very Happy New Year. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!
Predictions on next boom - how big?
Comments
-
So this thread should be called when will the bottom of this bear market in UK property be, so the next bull market can start?
The bottom will not happen until interest rates are back up and all the repossessions have been cleared out.The thing about chaos is, it's fair.0 -
massive amount of over building in Ireland, great estates are boarded up unsold.
Yes there has been a massive downnturn in prices but do not confuse boom time effects with supply and demand economics 101.Sealed pot challange no: 3390 -
massive amount of over building in Ireland, great estates are boarded up unsold.
Yes there has been a massive downnturn in prices but do not confuse boom time effects with supply and demand economics 101.
Yeah same story all over. Spain and Portugal are in the same boat as Ireland and the others. Half build estates and loads of empty new builds.
A good indication when you visit a country is how many crains you can see. There is usually a few crains here and there. But if there is a few almost everywhere you look then there is over building going on.
In London there are crains all over the place. New builds and new blocks of flats going up in huge numbers.
Q. Could the same happen here, yes very possible.The thing about chaos is, it's fair.0 -
massive amount of over building in Ireland, great estates are boarded up unsold.
Yes there has been a massive downnturn in prices but do not confuse boom time effects with supply and demand economics 101.
Please do not introduce logic into this debate.
It confuses Graham, brit, and Mystic_Trev.
A MoneyWeek article predicting the end of the world would be far more useful0 -
In London there are crains all over the place. New builds and new blocks of flats going up in huge numbers.
Q. Could the same happen here, yes very possible.
Simply untrue
We are simply not building enough homes in London - until we do, house prices will continue to rocket within the M250 -
Q. Could the same happen here, yes very possible.
In order for the UK to have the same oversupply of houses in percentage terms as Ireland does, we'd need to have 4,590,000 empty houses.
Ireland has ghost estates.
We'd need to have ghost cities....
Specifically, on top of our current houses, we'd need to build a number of entirely new and completely empty ghost cities the size of Birmingham, Glasgow, Edinburgh, Sheffield, Manchester, Liverpool and Leeds combined.
In actual fact, we have just 330,000 empty houses. And almost all of them are in the wrong place for demand, and not available anyway.“The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.
Belief in myths allows the comfort of opinion without the discomfort of thought.”
-- President John F. Kennedy”0 -
Once pension saving becomes mandatory. As it must do. So that people fund their own retirement years. Housing may take a back seat in terms of investment performance.0
-
I can't wait to see some booming housing prices, I bought in 2011 for a 2004 price after half a decade of dithering0
-
Unless residential housing becomes allowable as a pension savings vehicle.-Thrugelmir wrote: »Once pension saving becomes mandatory. As it must do. So that people fund their own retirement years. Housing may take a back seat in terms of investment performance.
BTL is in many peoples pension plans already-why not make it SIPPable?0 -
Not for a long,long time yet - lots of lo days left!0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.9K Banking & Borrowing
- 253.9K Reduce Debt & Boost Income
- 454.8K Spending & Discounts
- 246K Work, Benefits & Business
- 602.1K Mortgages, Homes & Bills
- 177.8K Life & Family
- 260K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards