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  • FIRST POST
    • dutchcloggie
    • By dutchcloggie 13th Sep 18, 7:25 AM
    • 149Posts
    • 33Thanks
    dutchcloggie
    Sell before Brexit?
    • #1
    • 13th Sep 18, 7:25 AM
    Sell before Brexit? 13th Sep 18 at 7:25 AM
    Hi,

    What do people feel about the housing market after Brexit? I am thinking of selling my house now and then buy another one after Brexit as I believe house prices will drop substantially. Is that a stupid idea or do people think there is mileage in it?
Page 2
    • goodwithsaving
    • By goodwithsaving 14th Sep 18, 6:13 PM
    • 880 Posts
    • 1,391 Thanks
    goodwithsaving
    What do you base this thinking on?
    Originally posted by Crashy Time

    I wondered when you'd appear.....
    Every time you borrow money, you’re robbing your future self. –Nathan W. Morris
    • YoungBlueEyes
    • By YoungBlueEyes 14th Sep 18, 6:41 PM
    • 486 Posts
    • 655 Thanks
    YoungBlueEyes
    If you do sell now and buy after Brexit, what's your plan for the months in between? You still need somewhere to live. Rent? Move in with parents?
    I don't make the same mistake twice. I like to make it 5 or 6 times, you know, just to be sure.

    Look before you leap. No I mean really look. And take a friend so they can look too. Then leap. Maybe.
    • Crashy Time
    • By Crashy Time 14th Sep 18, 8:00 PM
    • 6,805 Posts
    • 2,505 Thanks
    Crashy Time
    https://www.bbc.co.uk/news/business-45504521
    • sevenhills
    • By sevenhills 14th Sep 18, 10:23 PM
    • 1,727 Posts
    • 628 Thanks
    sevenhills

    Brexit or no Brexit, this story would have made the news ""speaking on the 10th anniversary of the start of the previous crisis."".

    • Thrugelmir
    • By Thrugelmir 14th Sep 18, 10:25 PM
    • 60,994 Posts
    • 54,194 Thanks
    Thrugelmir
    I am thinking of selling my house now
    Originally posted by dutchcloggie
    Hurry up as the market will slow down as the autumn approaches.
    Financial disasters happen when the last person who can remember what went wrong last time has left the building.
    • Crashy Time
    • By Crashy Time 14th Sep 18, 10:26 PM
    • 6,805 Posts
    • 2,505 Thanks
    Crashy Time
    Brexit or no Brexit, this story would have made the news ""speaking on the 10th anniversary of the start of the previous crisis."".
    Originally posted by sevenhills

    The main point isn`t about Brexit though, it is about the fact that the central banks have used up most of their big guns (QE) they can`t bail out debt holders again like they did in 2008?
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