The Time to Buy property is Now

setmefree2

[FONT=&quot]http://www.fool.co.uk/news/property-home/2008/06/09/the-time-to-buy-property-is-now.aspx?source=ioowftxt0010011[/FONT]

Don't know what you guys think of this article?

EDIT 11/12/2008 - BEWARE THIS ARTICLE IS 6 MONTHS OLD

sdooley

Ignoring the costs of moving, buying a house (as a first time buyer) at present is the same economic decision as staying in a house you have already bought. If you expect house prices to fall dramatically, the logical thing to do would be to sell your existing house and invest the equity safely until prices recover or, if you don't have a house, stay renting and saving. If all you want is to own a house and live in it then buying may also make sense.

Snooze

setmefree2 wrote: »

[FONT=&quot]http://www.fool.co.uk/news/property-home/2008/06/09/the-time-to-buy-property-is-now.aspx?source=ioowftxt0010011[/FONT]

Don't know what you guys think of this article?

The guy is off his rocker. :rolleyes:

Rob

Pobby

`Yes, prices may well continue down and you get a cheaper property. But they might also go up, taking owning a home out of your reach. ``

Go up!?!?!?!? When,this afternoon, next week?

Dan:_4

I've been saying this for ages. This year is a great opportunity to buy property.

WARNING: Don't Miss Your Chance

Snooze

Dan: wrote: »

I've been saying this for ages. This year is a great opportunity to buy property.

WARNING: Don't Miss Your Chance

And you're off your rocker as well. :rolleyes: :rolleyes:

Rob

ultra10

Some on this board genuinely cannot see the economic storm we are entering !! The fact that inflation is surging ahead, Commodities going through the roof, & a credit crunch resulting in the collapse of (De-facto) a Bank .. not to mention the largest asset bubble in history bursting !!! :eek:

They just dont get it do they !!!

Alan_M_2

People, take a moment to look at the name of this website (https://www.fool.co.uk), it might be a giveaway.

mystic_trev

From Donna Werbner last October.

But in my view, a sub-prime-fuelled housing market crash in the UK is extremely unlikely -- in fact, just about as likely as a Martian invasion.

http://www.fool.co.uk/news/property-home/mortgages/2007/10/10/are-we-heading-for-a-subprime-mortgage-crisis.aspx

Better watch out for those little Green men Donna :rotfl:

dannyboycey

Dan: wrote: »

I've been saying this for ages. This year is a great opportunity to buy property.

WARNING: Don't Miss Your Chance

This is unsubstantiated rubbish. Please explain clearly and concisley why it is a good time to buy in your opinion, backed up with strong evidence. If you can't, the please don't post crap like this - it helps nobody, and is not doing your reputation much good either.

Dan:_4

dannyboycey wrote: »

This is unsubstantiated rubbish. Please explain clearly and concisley why it is a good time to buy in your opinion, backed up with strong evidence. If you can't, the please don't post crap like this - it helps nobody, and is not doing your reputation much good either.

It's quite simple danny. This is a great year to buy property because you can negotiate a decent discount from those who are desprate to sell.

What helps nobody is members who post crap hoping for 50% falls.