Will House Prices Crash in 10-20 Years?

anotheruser

Jack_Johnson_the_acorn wrote: »

As for a future crash, I predict there will be a crash at 2pm on July 24th 2030.

What a moronic post
Whereas post 7 is much better suited to the thread.

Perhaps trying to be funny...

System

TheCountofNowhere wrote: »

Hahahaha that's given me a good laugh

No in the 1970s, the National P/E = 2 and London P/E = 2.6.

ukcarper

mrlegend123 wrote: »

No in the 1970s, the National P/E = 2 and London P/E = 2.6.

Have you got a link I've posted one show they weren't. I bought my first house in the 70s I was earning the equivelent of today's average full time male earnings. The house was 5.3x my earnings are similar houses increased to 7x before falling back this was not it London but was in commuting distance I would liked to have bought closer to London but I couldn't afford to.

A similar house would now cost between 8 and 9x average full time male earnings.

Carl31

They will if there is a significant global event to trigger it, say like the collapse of the EU due to members defaulting on their debts, which we should now be shielded from a little bit at least

Jack_Johnson_the_acorn

anotheruser wrote: »

What a moronic post
Whereas post 7 is much better suited to the thread.

Perhaps trying to be funny...

I'm so sorry to leave you with your sides intact. Next time I respond to such unintelligible drivel I'll keep it serious.

Crashy_Time

lisyloo wrote: »

Firstly the ageing population will not all act at the same time, some will retire at 55, some 70, some may die or need a bungalow, some may move to the country, some will emigrate to the costas, some will downsize, some will stay put.

Also yes, with increasing population, overseas investors, holiday hom, pied a terres, smaller households there will be enough demand.

Those who bough in the 70s-90s are laughing (unless they mewed excessively).

Do you have figures for how many did? I am going to bet it is quite a lot, the UK is not a nation of canny savers/investors, much as many on here seem to think so, IMO it is a nation of quietly desperate class conscious serfs who thought the property bubble was Manna from heaven, until it wasn`t.

wymondham

Policy is (or certainly was) to not let house prices go down under any circumstance (if recall its to make us all feel good). Be interesting to see if this policy continues...?

Aberdeenangarse

Crashy_Time wrote: »

Do you have figures for how many did? I am going to bet it is quite a lot, the UK is not a nation of canny savers/investors, much as many on here seem to think so, IMO it is a nation of quietly desperate class conscious serfs who thought the property bubble was Manna from heaven, until it wasn`t.

You've been wrong for the last few years,perhaps you'd like to tell is when you'll likely to be right?

kinger101

The house prices will crash at 11.17 am on Thusday 19 August 2027 by precisely 15.6375% Ironically, this will be one minute after Crashy finally bites the bullet and completes on a studio flat above a fried chicken shop.

Crashy_Time

Aberdeenangarse wrote: »

You've been wrong for the last few years,perhaps you'd like to tell is when you'll likely to be right?

Well I was right about landlords becoming a tax target, right about the Brexit vote, right that the property bubble sentiment would turn.......Hmmmm.....right that Aberdeen was going round the U-Bend.....:rotfl: All I`m saying is that it is a global Ponzi scheme, if you are too thick/overleveraged to admit that then there isn`t much point is us communicating over the wonderweb now is there?