House prices are going to rocket because of all the work from home malarkey. And also there will be lots of hot cash waiting to be redeployed and houses are a safe asset class to park it in.
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Where is the UK property marked heading in this crysis?
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As long as you are in it for the long term, my feeling is that you will be just fine. Of course, like any other investment there will be periods of up's and downs. The alternative is of course to rent but ultimately have nothing to show for it at the end of the tenancy agreement. Whilst this flexibility suits some, many people would prefer the security that home ownership provides.
Interestingly, the clients I have seen make the most out of property are those who bought during 2008-2011.Comment
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