market predictions.....

bobbymotors

As much as some on here might want it to happen, there will be no house price crash.

There will be a time when house prices stagnate for a while, and in some areas they may even dip slightly.

But things are against a HPC

Money is cheaper than its ever been

in order to keep the 'feelgood' factor it is in the government's interest that house prices continue to increase without getting out of hand.

And a nice house in a nice road in a nice area where people want and need to live will always sell easily and make good money.

And it really is that simple.

Crashy_Time

Low rates are hurting banks, don`t bank on them doing what is good for homeowners....look what is already happening to BTL.


http://www.reuters.com/article/us-germany-deutsche-bank-jobs-idUSKBN12E16T

bobbymotors

Crashy_Time wrote: »

Low rates are hurting banks, don`t bank on them doing what is good for homeowners....look what is already happening to BTL.


http://www.reuters.com/article/us-germany-deutsche-bank-jobs-idUSKBN12E16T

That's all very well but I'm afraid history proves you wrong.

However, by all means wait for the crash before you buy. In my case i first bought in 1977 for £24950 with a £17,000 mortgage.

Today I own properties worth £1.5m with £120k of mortgage on the whole lot.

they've made me money while I've been asleep, when I've been on holiday, when I've been ill......

So good luck in your hopes and wishes, I think you will need it.

Crashy_Time

bobbymotors wrote: »

That's all very well but I'm afraid history proves you wrong.

However, by all means wait for the crash before you buy. In my case i first bought in 1977 for £24950 with a £17,000 mortgage.

Today I own properties worth £1.5m with £120k of mortgage on the whole lot.

they've made me money while I've been asleep, when I've been on holiday, when I've been ill......

So good luck in your hopes and wishes, I think you will need it.

You do know that a property is only worth what someone will pay you for it don`t you? Most of my investments are available at the click of a mouse.

Crashy_Time

glasgowdan wrote: »

You just honestly don't care what you post do you? What's it like, being so oblivious that you don't realise the shakiness of all of your links, and how that affects people's perceptions of your credibility? I bet it's a rosy and happy sort of life!

Your internet search history must be scary reading.

https://homelet.co.uk/news/article/rate-of-uk-rental-growth-is-slowing


Is this in line with what you are seeing in your office danny?

Jack_Johnson_the_acorn

Crashy_Time wrote: »

https://homelet.co.uk/news/article/rate-of-uk-rental-growth-is-slowing


Is this in line with what you are seeing in your office danny?

Taken directly from your link.....

Tenants signing up to a new agreement during September agreed, on average, to pay £910 per month in rent. Whilst this is up by 3 per cent on last year

..SNIP..

Although the rate of growth is slowing the September 2016 HomeLet Rental Index shows rents continuing to rise in almost every area of the country on an annual basis, with 10 out of the 12 regions surveyed recording an increase to September.

RENTS HAVE INCREASED 3% ALREADY IN 1 YR......

Average rent in September 2016 £910
Average rent in September 2015 £884

Bet your LL is really feeling the pinch Crashy. :beer:

He must be devastated that rental prices are increasing and mortgage rates decreasing... You'll have paid his mortgage off 5x over if you continue..... :eek:

glasgowdan

Crashy_Time wrote: »

https://homelet.co.uk/news/article/rate-of-uk-rental-growth-is-slowing


Is this in line with what you are seeing in your office danny?

That's so random, you're losing focus Mr legend

https://www.estateagenttoday.co.uk/industry-views/2016/10/rent-rises-are-inevitable-after-tax-clampdown-on-buy-to-let

Mickygg

I've never seen some one so desperate for house prices to fall that they scour the net and post any link that hints at house prices falling. Crashytime yes of course it's you, looking at your previous posts this is all you do!

Here is one that crashy would never ever post:

http://www.bbc.co.uk/news/business-37635192

To OP my view is if you can afford to buy now then do it. We have been through a huge economic shock as brexit and house prices are still currently holding/rising.

No one knows what will happen with prices. You will always have your crashy who is trying to make people think house prices are doomed and everyone in a years time will be in negative equity, but common sense prevails - cheap borrowing available, huge lack of housing, investors from abroad, current prices rising slightly still after such a huge referendum shock points to no house price slump in the near future despite so many wishing and praying it does slump.

Davesnave

Mickygg wrote: »

Here is one that crashy would never ever post:

http://www.bbc.co.uk/news/business-37635192

Already posted, but you have proved the point that few ever read these links anyway and all this guff ought to be on the 'other forum.'

lush_walrus

Crashy_Time wrote: »

You do know that a property is only worth what someone will pay you for it don`t you? Most of my investments are available at the click of a mouse.

If you are so very happy with your investments why do you feature on every thread on housing spouting the same over and over - for years! Ten years ago on here there was a very similar person spouting the same - ten years in they still haven't brought, still waiting for the crash.