We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

STR the Brexit edition

MPD
MPD Posts: 261 Forumite
Part of the Furniture 100 Posts
in Debate House Prices & the Economy
https://inews.co.uk/inews-lifestyle/money/sell-house-rent-brexit/
Estate agent says its a good time to sell. I think I'll stay put for now.
After years of disappointment with get-rich-quick schemes, I know I'm gonna get rich with this scheme...and quick! - Homer Simpson

Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    That's not how I read it at all.
  • jonnygee2
    jonnygee2 Posts: 2,086 Forumite
    1,000 Posts Second Anniversary Name Dropper Combo Breaker
    No one should be advised to take risks with their main residence / home.

    Financial risks are worth taking on money you can afford to play with.
  • daveyjp
    daveyjp Posts: 13,680 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Person who earns money from selling houses advises someone to sell their house. Funny that.
  • movilogo
    movilogo Posts: 3,235 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    MPD wrote: »
    https://inews.co.uk/inews-lifestyle/money/sell-house-rent-brexit/
    Estate agent says its a good time to sell. I think I'll stay put for now.

    EAs are saying this because market is stangant and without transactons they would starve. :D

    Hence advising people to sell so that they can eat. :rotfl:
    Happiness is buying an item and then not checking its price after a month to discover it was reduced further.
  • scaredofdebt
    scaredofdebt Posts: 1,663 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I suppose the theory is if immigration reduces post-Brexit, demand will drop and so will house prices. Quite a few ifs and buts there.

    It's states you'd need a 7% fall to break even, that's pretty unlikely I think and I certainly wouldn't risk it.
    Make £2018 in 2018 Challenge - Total to date £2,108
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture