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Well if your house price increases, and you want to realise that gain, someone ( a buyer) has to have a bigger mortgage than you had? The banks are tightening, the interest rates are going up, Trump is going to cause bond market volatility, the property bubble is going to burst, just stop fighting it, embrace it, run towards the light!
Originally posted by Crashy Time
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How many people do that? Maybe before the crash not now... Mortgage interest rates really are not going up, they are going down.. Trump might be a bit of a loony and have an effect on the world but you have to understand he can't just do what he wants, just like in the uk the prime minster has to get things through parliament, this filters the insanity.
I don't doubt there will be a crash...... At some point, you would be fool hardy to ignore history that tells us a crash will happen sooner or later but saying a crash is imminent with flaky logic does not make you right... You have been saying there will be an imminent crash for years, a broken clock is right twice a day, keep peddling the same rubbish for long enough and im sure eventually you will be "Right".
I almost followed the "light" as you say 13yrs ago, thankfully I ran the other way and have done very well, Hows your rented bedsit?