Groundhog day part 98673737
-
42Yes, in the next year house prices will fall significantly28.57%12No, they will continue to rise40.48%17They will stay stable30.95%13The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.” -
Do you know, I really don't know anymore.
Common sense would dictate they will fall, but since when has the British people ever applied common sense to buying houses?
So on that basis, I will say rise a lot (like 20%). -
It has got to the threshold where even an interest only BTL mortgage will be just about covered by the rent in most of the south east. Another rise and that will no longer be the case. Assuming many people who bough BTL are on average income and rental incomes are falling, then many people must be at , or near to, breaking point.The court heard Darren Upton had written a letter to Judge Sally Cahill QC saying he wasn’t “a typical inmate of prison”.
But the judge said: “That simply demonstrates your arrogance continues. You are typical. Inmates of prison are people who are dishonest. You are a thoroughly dishonestly man motivated by your own selfish greed.”Comment
-
good point. But how many BTLs are instead of a pension? Will those people sell or wait until they retire/die to sell?Originally posted by BagpussComment
-
Rents will go up to cover the rises. More immigrants will arrive. More city bonuses.
The only way is up, big time, forever.Comment
-
Were is the options "We are doomed"?Originally posted by DimPrawnI've seen much of the rest of the world. It is brutal and cruel and dark, Rome is the light.Comment
-
Obviously then HMG has to make "purchase of property" a pre-condition of granting asylum or FTV... sortedOriginally posted by DimPrawnHow fortunate for governments that the people they administer don't thinkComment
-
I think they will go up
before they will go down and then up againComment
-
The last downturn
q1 1989 3148.7 59,534 32.0
Q2 1989 3292.0 62,244 27.2
Q3 1989 3320.5 62,782 15.5
Q4 1989 3252.4 61,495 7.4
Q1 1990 3151.5 59,587 0.1
Q2 1990 3119.5 58,982 -5.2
Q3 1990 3027.7 57,245 -8.8
Q4 1990 2904.6 54,919 -10.7
Q1 1991 2885.0 54,547 -8.5
Q2 1991 2931.0 55,418 -6.0
Q3 1991 2903.8 54,903 -4.1
Q4 1991 2836.7 53,635 -2.3
Q1 1992 2760.1 52,187 -4.3
Q2 1992 2785.3 52,663 -5.0
Q3 1992 2763.1 52,243 -4.8
Q4 1992 2653.4 50,168 -6.5
Q1 1993 2651.3 50,128 -3.9
Q2 1993 2745.9 51,918 -1.4
Q3 1993 2736.8 51,746 -1.0
Q4 1993 2700.0 51,050 1.8
Q1 1994 2714.6 51,327 2.4
Q2 1994 2716.5 51,362 -1.1
Q3 1994 2736.0 51,731 0.0
Q4 1994 2756.3 52,114 2.1
Q1 1995 2701.8 51,084 -0.5
Q2 1995 2730.8 51,633 0.5
Q3 1995 2715.0 51,334 -0.8
Q4 1995 2693.7 50,930 -2.3
Q1 1996 2716.8 51,367 0.6
Q2 1996 2804.8 53,032 2.7
Q3 1996 2856.4 54,008 5.2How fortunate for governments that the people they administer don't thinkComment
-
And if the BTL owners have to sell them off, then the prospective tenants will find fewer places to rent and will have to buy (the very same houses) so demand will not slump.Originally posted by DimPrawn
If need be the Government will "help" needy would-be buyers, i.e. take more money from those who work, to give it to those who buy houses, so that they can give it in turn to those who sell houses.Comment
Comment