Me 'ouse is me pension

[scooterscot]

also full of students and w4nk3rs

Huv'in grown up in that part of the world... something tells me if you said that to their face you'd not be using a keyboard again for a wee while.

[AtW]

Huv'in grown up in that part of the world... something tells me if you said that to their face you'd not be using a keyboard again for a wee while.

Pretty harsh for being called a student

[PCTNN]

Huv'in grown up in that part of the world... something tells me if you said that to their face you'd not be using a keyboard again for a wee while.

Don't worry about me. You stay safe in Germany, OK pal?

[NotAllThere]

It's something you take out, to buy your ex-wife a large comfortable house.

Ah, so ask Brillo for full details.

[Old Greg]

Ah, so ask Brillo for full details.

He bulk bought a new build estate.

[BlueSharp]

Up tick in big houses going on the market around here. It looks like the house is my pension lot are looking to sell up.

I might take a look when I can haggle 20% off.

[LondonManc]

Don't worry about me. You stay safe in Germany, OK pal?

He must have called one of them a student.

[Whorty]

Up tick in big houses going on the market around here. It looks like the house is my pension lot are looking to sell up.

I might take a look when I can haggle 20% off.

As in previous house price drops, only those forced to sell will be putting their property on the market and will take silly offers. Most people will hold on for their desired price, or just not list their property.

Of course, the question though will be, how many people will be forced to sell their property due to the ineptitude of this government's running (or should that be ruining) of the economy?

However, as in the early 90's, and 2007/8, what goes down will go back up in the medium term and continue to grow in the long term. Reason being, we are a small island with a growing population and we can't make more land. As time goes by demand for good property will remain strong.

Their is anecdotal evidence that demand for city centre properties is slowing and larger properties in villages is growing - due to the fear of more pandemics in the future and wanting personal space via lockdowns. How long this lasts, and how long our memory of lockdown endures, remains to be seen though.

The uptake ... if you don't need to sell, then don't. If you want to buy then there could be some desperate sellers and hence bargains. Think carefully about location as, more than ever, location will control how strong the house prices remain in that area.

All pretty basic stuff

p.s. Sorry, I don't have a graph to back this up.

[Old Greg]

As in previous house price drops, only those forced to sell will be putting their property on the market and will take silly offers. Most people will hold on for their desired price, or just not list their property.

Of course, the question though will be, how many people will be forced to sell their property due to the ineptitude of this government's running (or should that be ruining) of the economy?

However, as in the early 90's, and 2007/8, what goes down will go back up in the medium term and continue to grow in the long term. Reason being, we are a small island with a growing population and we can't make more land. As time goes by demand for good property will remain strong.

Their is anecdotal evidence that demand for city centre properties is slowing and larger properties in villages is growing - due to the fear of more pandemics in the future and wanting personal space via lockdowns. How long this lasts, and how long our memory of lockdown endures, remains to be seen though.

The uptake ... if you don't need to sell, then don't. If you want to buy then there could be some desperate sellers and hence bargains. Think carefully about location as, more than ever, location will control how strong the house prices remain in that area.

All pretty basic stuff

p.s. Sorry, I don't have a graph to back this up.

If you want to buy a more expensive house (and you can finance it), then a 20% drop on the value of both your house and the house you buy works in your favour.

[scooterscot]

p.s. Sorry, I don't have a graph to back this up.

No graph or it din't happen.