Debate House Prices


In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

1st time buyers - now / later?

2»

Comments

  • mr.broderick
    mr.broderick Posts: 3,778 Forumite
    1,000 Posts Combo Breaker
    carolt wrote: »
    I'd be willing to bet drops will go on far longer than a year.

    That said, your decision to buy should be based on where you are in your life and your need to have a fixed home. If you can safely afford it now and can get a good discount on your dream home, there's nothing wrong per se in buying now. But do expect prices to quite possibly fall further. Whether that matters to you depends on your life plans, now and for the future.

    Agree 100%
  • before_hollywood
    before_hollywood Posts: 20,686 Forumite
    i have no option but to wait for at least a 20% drop for a reasonable expectation for home ownership.

    if i get a 30% drop based on what i pay compared to current prices i will be one happy boy
    things arent the way they were before, you wouldnt even recognise me anymore- not that you knew me back then ;)
    MercilessKiller wrote: »
    BH is my best mate too, its ok :)

    I trust BH even if he's from Manchester.. ;)

    all your base are belong to us :eek:
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 348.9K Banking & Borrowing
  • 252.4K Reduce Debt & Boost Income
  • 452.7K Spending & Discounts
  • 241.8K Work, Benefits & Business
  • 618.4K Mortgages, Homes & Bills
  • 176K Life & Family
  • 254.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture