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Debate House Prices
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Is a property market crash coming? And if so would it affect liveaboards?
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Please please please people, before you waste you life gambling on the property market just read through housepricecrash.com two decades of failure which left behind now middle aged(and many old aged) bitter angry men that have now no chance of any kind of happiness in home ownership. All that is left behind is a rusting website where even the last fraction of members have now become even more Bullish on housing than those of us that have been happily in the game for decades.
They have failed dismally, do not make the same mistake, whatever it takes get on that first housing step and you will never regret it , or you will be left wishing a downfall that will bring the housing market crash that will never happen, anything from bird flu to the Tech crash to a handful of elections, they have made 1000's of wild predictions and not one has come to pass.
And if you don't buy who will keep the prices high for those who already own like the above poster - keep taking out the debt for your dream shoebox to make them wealthier!
Timing the market is difficult if not impossible but those young enough to remember the late 80s and 2008-2009 know that sometimes things can get a bit volatile.
Seriously though I have no idea if prices will crash or not - that depends on wider economic factors. But just make sure what you borrow for your home is affordable and you don't overstretch your self - although that may be difficult if you live in high house price areas like London and the south east. And use those lifetime and help to buy isas too to assist with buying.0
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