Imminent house price crash

[jamesbrown]

Unless Eurozone melt down or a massive oil spike, I think you are right. There could be other unforeseen events, but generally a trigger i believe is needed to pop it.

Say hello to China.

[d000hg]

Where is the talk of interest rate rises coming from - is that just AtW fear-mongering?

[Zero Liability]

At the moment, the Fed is due to raise rates some time in the near future (I bet they won't or will only do so by a minuscule amount), and the BoE "hawks" are pushing for a rate rise some time in 2016. Even if they do raise it, I expect it to be very low. If anything, the MMR has taken the wind out of the sails of mortgages in the UK, more so than any interest rate hike would, given that market expectations re: future rate movements can diverge from where central banks hope to set them via sovereign debt purchases.

[MarillionFan]

So, the BTL is going to be hit, plus now imminent interest rate increases to follow, so more houses on the market sold by desperate BTLers like MF, innit?

I'll take 50 quid for the lot, but I want it paid in euros.

[shaunbhoy]

I'll take 50 quid for the lot, but I want it paid in drachmas.

ftfy

[jamesbrown]

Where is the talk of interest rate rises coming from - is that just AtW fear-mongering?

In terms of the budget, probably from the OBR forecast, which was raised slightly (although remains tepid). It's probably worth a little less than the paper it isn't written on given the rate forecasts in the last 5 years.

[AtW]

Oh God, things must be turning apocalyptic if AtW is back to gloat over an imminent house price crash!

The end is nigh!!!