House price crash...

bobbymotors

I wouldn't worry too much caronoel

Crashy has hundreds of rental receipts and zero properties to back his case up

parking_question_chap

These articles are click bait, nothing more.

AG47

This slow house price crash will take years to play out, look how long interest rates have been at 300 year lows

caronoel

bobbymotors wrote: »

I wouldn't worry too much caronoel

Crashy has hundreds of rental receipts and zero properties to back his case up

True. The rent in his bedsit hasn't gone up in 10 years, so legend has it.

Filo25

Crashy_Time wrote: »

http://www.independent.co.uk/news/business/news/foxtons-estate-agents-profits-drop-54-per-cent-over-half-brexit-latest-a7617341.html




Mmmmmm..........:rotfl: Probably not.

I can't say I'm surprised, volumes remain pretty low in London, most people I know looking to upsize are looking to extend rather than buy with the current stamp duty regime and general uncertainty.

Very few listings around where I am and demand has certainly softened as well, which at present seems to be leading to a flatlining market around here.

Sibley

I've seen just as many articles saying prices will rise now.
Guess we are just in the Brexit unknown stages.

One thing for sure. Lot of MP's own property.
They don't like losing their dough so usually fix things so that doesn't happen.

Bit like last time.

AG47

It's not going to be a quick crash, it's going to take as long as the bubble took to get so overinflated.

Property is way overvalued yes, but it's going to take time to get back to way undervalued

Jack_Johnson_the_acorn

AG47 wrote: »

It's not going to be a quick crash, it's going to take as long as the bubble took to get so overinflated.

Property is way overvalued yes, but it's going to take time to get back to way undervalued

What price will the avg property be when it's at the correct value?

I would love to know. I'll only buy another property when they're at there true value

padington

AG47 wrote: »

It's not going to be a quick crash, it's going to take as long as the bubble took to get so overinflated.

Property is way overvalued yes, but it's going to take time to get back to way undervalued

What crash ?

https://www.theguardian.com/money/2017/jul/18/uk-house-prices-rise-5-percent?CMP=Share_iOSApp_Other

CBaker

Online estate agent eMoov.co.uk has highlighted that if the market continues stalling an increase of 0.37% a month, the average UK house would still hit £347,757 over the next decade. That's an increase of 56% by 2027. Hmm....