Debate House Prices


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The next big speculative Bull run 2020/21

We had the start of property price inflation mania within a few years of Blair coming into power back in the late 1990's, we then had a little scare 2007/2008 around the banking crisis which soon turned into a gold mine yet again for property speculators.
I predict in 2020/21 we will start yet again another feisty little bull run on the property market, the next one stronger than the HTB golden era and low interest rates period we had 2nd time, but probably not as strong as Blairs first boom, but who knows:)
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Comments

  • lisyloo
    lisyloo Posts: 29,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Which sector do you think have money to pay higher prices?

    Ftbs? Landlords? Foreign investors?

    I think affordability has hit limits whether residential or investment and the only scope would be either

    More government props (hope not)
    Currency devaluation (hope not also)

    Where do you think it will come from?

    Jus5 for balance I do not see a crash coming, I predict a permanently high plateau.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Early to start predicting 20/21
  • sevenhills
    sevenhills Posts: 5,938 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    Early to start predicting 20/21


    Maybe he is predicting a crash first?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    A global slowdown looks to be on the cards.
  • phillw
    phillw Posts: 5,630 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Thrugelmir wrote: »
    A global slowdown looks to be on the cards.

    Right and with BTL being penalised the UK property market is plump for the taking for Reese Mogg and his mates. They'll pull their money out of under performing companies and put it in property, just like the last time.
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    lisyloo wrote: »
    Which sector do you think have money to pay higher prices?

    Ftbs? Landlords? Foreign investors?

    I think affordability has hit limits whether residential or investment and the only scope would be either

    More government props (hope not)
    Currency devaluation (hope not also)


    Where do you think it will come from?

    Jus5 for balance I do not see a crash coming, I predict a permanently high plateau.

    I honestly thought we were about to flat line for a while, possibly a 5% fall at most in some areas, but not a chance now. I think the UK is really going for a migrated high population, elderly, bigger work force, and just plain greed to be honest for bankers/top 1% and me to feast on to be honest :).

    We are in too deep for the housing market to fail now, bigger population = bigger demand, present homes could accomodate with a few tweeks double the units they presently house with more people having to have part shares in homes for example, two family homes. The Britain of pre 1980 days is rapidly coming to an end and space is becoming a luxury.
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    sevenhills wrote: »
    Maybe he is predicting a crash first?


    Was, a slight tiny drop at most, not anymore though
  • AG47
    AG47 Posts: 1,618 Forumite
    sevenhills wrote: »
    Maybe he is predicting a crash first?

    After the brexit house price crash around 30% or so, yes another boom around 2020/21.

    But will it go all the way back up to new highs that is the question.

    Also trying to buy the bottom of the brexit uncertainty property crash will be like trying to catch a falling knife.
    Nothing has been fixed since 2008, it was just pushed into the future
  • triathlon
    triathlon Posts: 969 Forumite
    500 Posts Second Anniversary
    AG47 wrote: »
    After the brexit house price crash around 30% or so, yes another boom around 2020/21.

    But will it go all the way back up to new highs that is the question.

    Also trying to buy the bottom of the brexit uncertainty property crash will be like trying to catch a falling knife.


    Is that something you lot just say now?

    BB from Housepricecrash has probably predicted 178 property crashes dates now ranging from bird flu, ebola to the outing of Blair and Brown as excuses to why "it definitely will happen this time".

    Seriously I won't be losing any sleep until the day he gives up and predicts a boom :)
  • AG47
    AG47 Posts: 1,618 Forumite
    triathlon wrote: »
    Is that something you lot just say now?

    BB from Housepricecrash has probably predicted 178 property crashes dates now ranging from bird flu, ebola to the outing of Blair and Brown as excuses to why "it definitely will happen this time".

    Seriously I won't be losing any sleep until the day he gives up and predicts a boom :)

    It’s not us ‘lot’ that is saying it, it is happening

    Property is falling due to the uncertainty

    Where wil the bottom be, like I said catching a falling knife
    Nothing has been fixed since 2008, it was just pushed into the future
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