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Price correction on newish houses in last financial crisis

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Comments

  • MobileSaver
    MobileSaver Posts: 4,376 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    OK, so where will all these renters be living after the lockdown is over?
    1) They will be living with their relatives in EE maybe,
    OK, so you are predicting that there will be negative net migration to the UK when this is over? Is this wishful thinking on your part or are there new official reports forecasting this? (Genuine question as I've only ever seen the opposite forecast.)
    OK, so where will all these renters be living after the lockdown is over?
    1) or with their parents in the UK, some of them not all
    The vast majority of people can't wait to fly the nest even in normal times when people can please themselves how they spend their days and nights; I am finding it very hard to envisage an increase in choosing to live with parents following an enforced lockdown where you have had no choice but to spend most of your days and nights all cooped up within the same four walls... :o
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • Crashy_Time
    Crashy_Time Posts: 13,386 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    OK, so where will all these renters be living after the lockdown is over?
    1) They will be living with their relatives in EE maybe,
    OK, so you are predicting that there will be negative net migration to the UK when this is over? Is this wishful thinking on your part or are there new official reports forecasting this? (Genuine question as I've only ever seen the opposite forecast.)
    OK, so where will all these renters be living after the lockdown is over?
    1) or with their parents in the UK, some of them not all
    The vast majority of people can't wait to fly the nest even in normal times when people can please themselves how they spend their days and nights; I am finding it very hard to envisage an increase in choosing to live with parents following an enforced lockdown where you have had no choice but to spend most of your days and nights all cooped up within the same four walls... :o
    So you are predicting an economic boom when this is over, or at least not a recession?
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