market predictions.....

yertiz_2

bobbymotors wrote: »

The difference with us is that we are a small country yet lots of people want to live here.

all countries do indeed have finite space, but Florida for example is approx the same size as the uk but has 8 million or so residents whilst we have 60 odd million.

Which means that if you buy a house in florida it will not go up in value very much because as soon as the demand is there they have the space to build some more houses.

and france is twice the size of the uk with a similar population. They have the space...hence house price falls / stagnation.

And we don't - well not in parts where people want to live anyway.

so, no crash just yet, not while money is so cheap.

This is interesting....

http://www.bbc.co.uk/news/uk-18623096

yertiz_2

And this....


https://www.ftadviser.com/investments/2016/10/04/uk-property-bubble-will-burst-by-2017-warns-economist/

yertiz_2

And this....

http://www.cityam.com/251288/rics-says-uk-housing-market-back-track-but-london-house

CLAPTON

yertiz wrote: »

And this....


https://www.ftadviser.com/investments/2016/10/04/uk-property-bubble-will-burst-by-2017-warns-economist/

it does seem there is a lot of empty space in scotland

meanwhile, there seems to be a shortage of family sized accommodate in London and the SE

padington

I imagine ...

The pound will sink like a stone. The chancellor will throw the kitchen sink at ensuring the conditions for a receasion do not manifest easily and will pour credit into the market like Osbourne could only have dreamed off. This will still not be enough to do much more than keep house prices around the level they are now heading (going up slowly in desirable cheap areas and going down in over priced prime areas).

However when confidence looks like it might soon returns to the market ( when the pound will start to show a potential for a plus 25% increase over a few months because of some clarity regarding Brexit ) international investors will pile into U.K. property like rabid dogs and we'll see even more HPI taking property to unseen highs. Foreigners will gain from HPI and sterling gains putting UK property into the number 1 spot for a foreign punt.

The government will try and temper this situation for political capital and raise taxes on foreigners buying U.K Property, but they will do it judicially so as to not really stop the inward tsunami of investment.

Expect a massive jump in house prices around 2018 - 2019 ( in areas that foreigners want).

Ideally make sure you are buying into the UK property market with dollars in 2018-2019 as a British citizen.

- or just wait and hold if you are already in.

chucknorris

lush_walrus wrote: »

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.

That's a good question, I don't invest in bonds, although I might invest a little in the not too distant future, but I don't have the time or inclination to waste my time on the savings and investment forum board telling other investors why bonds are inferior to shares or property. Also of course a particular investment asset class's suitability for a person can be subjective depending upon your attitude to risk, where you are in life (age, wealth, health etc) and it would only be my opinion (not fact) anyway, and I might actually be wrong.