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Debate House Prices
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What is UK property really worth? Here are three ways to find out
All depends when you sell. If you sell now and buy something that will hold its value then in the future you could buy your house back and have enough left for another property to rent out.
We are about halfway through the property bear market from top to bottom. The bottom will come and then the next bull market can begin.
Did some people try this and end up losing their shirts?
Love it. It used to be house prices compared to silver, but after that tanked, we are now using the bushel of wheat as measuring stick for UK house prices. :rotfl:
Failing that, we can always dig up some foreign currency that did well against sterling to establish once and for all UK house prices have gone down.
I think Hamish once mentioned garlic for some reason (I think the reason was something to do with dismissing the impressive rise in the value of gold).
30 Year Challenge : To be 30 years older. Equity : Don't know, don't care much. Savings : That's asking for ridicule.
