Was just browsing the renting rates for London flats after quite a long time. I am actually amazed of how many good deals you can get, way cheaper than 2-3 years ago. Does this mean that the prices are doomed to go down? Was AtW right for the first time in his life?
-
I've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light. -
After a period of renting (for reasons other than the property market) I am now going to buy (also for reasons other than the property market). Prices are bound to plummet in a little while.Originally posted by Francko -
With interest rates on the rise, the differential is only going to get wider.Comment
-
No, and no.Originally posted by Francko
HTHBoom boom boom boom
A-haw haw haw haw
Hmmm hmmm hmmm hmmm
Hmmm hmmm hmmm hmmmComment
-
So there will be expensive houses and cheap rents? Is this sustainable in the long term? Or rents are doomed to go up?Originally posted by wonderwaifI've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
doesn't it depend on the elasticity of house price demand...--------------------------------------------------------------------------------
SA - Is it like a dragons nostril?Comment
-
On the face of it, if it is cheaper to rent then people should leave the buying market and enter the renting market, so pushing rents up until a balance is reached. This might not happen if house prices continue to rise, or are perceived to be lilely to: then, people will buy houses rather than rent, even if it is cheaper to rent.Originally posted by Francko
This will make house prices rise even more, thus persuading even more people to buy rather than rent, thus pushing up house prices......Comment
-
Well in the US right now its House prices down and rents up.Originally posted by Francko
You have been warned... doomed i tell ya....
http://www.telegraph.co.uk/opinion/m.../07/do0702.xmlComment
-
The expected fall in house prices is not going to happen next year, at least in London, as a high proportion of record City bonuses (14 billion?) will be shoved into the housing market. Will that cause a glut of flats to rent? Who knows. Who cares.
There's nowt more boring than the housing market at the moment.
HTHHard Brexit now!
#prayfornodealComment
-
Except for perhaps the rental market.............and AtW!Originally posted by sasguru
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
Comment