Has anyone seen an impartial review of the house price situation?

sm9ai

brit1234 wrote: »

What both bears and bulls can agree on is that lending conditions have got a lot tighter and continue to get tighter. On that basis prices have to come down as people won't be able to borrow enough to support todays prices.

I think this sums it up quite nicely.

Or look at it this way. Play a game of monopoly(if you can stand it:D), make every property go to auction and see what the average price is. Then half the starting money and play it the same. Properties that are desirable, e.g. to complete a set will still go for a premium. Properties that arn't will go for around £10.

mr.broderick

sm9ai wrote: »

I think this sums it up quite nicely.

Or look at it this way. Play a game of monopoly(if you can stand it:D), make every property go to auction and see what the average price is. Then half the starting money and play it the same. Properties that are desirable, e.g. to complete a set will still go for a premium. Properties that arn't will go for around £10.

Here it's official monopoly solves the longstanding will prices rise/fall argument..