Debate House Prices


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Estate agent Haart shows drop of 14% in south-west London in November

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Comments

  • lisyloo
    lisyloo Posts: 30,077 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Do you think people considered buying property risky in the run up to `08?

    I don't think most people understand the risks very well at all.

    Buying for short term gain is always a risk.
    Buying for a long term home has some risks - but mostly related to personal circumstances (divorce, relocation, redundancy, sickness) and short term volatility is not a big risk.

    I do agree that sentiment is key, however taking is from one single post is a nonsense.
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