30% fall in property if no deal brexit

Rich2808

House prices in most of London have risen by nearly 50% since the 2012 Olympics. How on earth did such an impoverished nation with such low house prices manage to run the world's biggest sporting event so successfully.

Maybe going back to 2012 wouldn't be so bad?!!!

AG47

Rich2808 wrote: »

House prices in most of London have risen by nearly 50% since the 2012 Olympics. How on earth did such an impoverished nation with such low house prices manage to run the world's biggest sporting event so successfully.

Maybe going back to 2012 wouldn't be so bad?!!!

Yep what goes up must come down

lisyloo

AG47 wrote: »

Look how the property bubble has expanded more than anything else these last few decades

It needs a very large crash to get in line with everything else

There is no rule that says it HAS to get in line with everything else.

Malthusian

lisyloo wrote: »

There is no rule that says it HAS to get in line with everything else.

The rule is the Marxist's First Principle of Radical Tossery. Cogito, ergo est. I think it should be, therefore it is.

chucknorris

AG47 wrote: »

Yep what goes up must come down

This is terrible news! So there's no point in investing in anything ever, what would you recommend, bitcoin, silver, gold? (as if).

somethingcorporate

chucknorris wrote: »

This is terrible news! So there's no point in investing in anything ever, what would you recommend, bitcoin, silver, gold? (as if).

Bitcoin. It's never gone down. Everyone that ever invested is now a gazillionaire.

Thrugelmir

PhilE wrote: »

Even if you stopped immigration altogether, which will never happen, the uk population will continue to grow. People are living longer than ever, families are continuing to have children. Many family homes have single occupants.

As is the case in Europe as a whole. The population is ageing. More affluence fewer children. Watch Japan in the future years. Ahead on the curve.

Blackbeard_of_Perranporth

Put your money in my mattress folks and I will give you double in five years. PM me for details, or meet me at Victoria Station, Gentlemen's rest room. Third cubicle from the left tomorrow night at 5. Bring fifties!

PhilE

Thrugelmir wrote: »

As is the case in Europe as a whole. The population is ageing. More affluence fewer children. Watch Japan in the future years. Ahead on the curve.

True, but the European property market isn't in question here.

snowqueen555

I honestly think house prices will be okay. People want a house above anything else and will make further sacrifices to make that happen. Saving longer borrowing more.