oh dear™: UK house market is ‘heading for crash’

[rootsnall]

Therefore the only real difference is immigration.

The only real difference is we haven't had the bust YET !

[beaker]

Well I'm not sure that immigration argument holds water either. The point with the Japanese crash is that population was dense and was increasing thereby increasing demand. This same argument is also held for the British market remaining high, yet the Japanese experience would suggest this is not true.

Who are all these immigrants if we aren't talking Europeans? Unless they have ties to the UK I didn't think it was that easy to get in? (I couldn't without a highly skilled migrant visa).

You can't tell me the US doesn't have high immigration. New York, LA and San Francisco are as overpriced as London. We should be following what's happening there.

Oh hang on, what am I thinking... buy before its too late!

[Bagpuss]

Does anyone know what's happening in the UK wendy house market, I hear a lot of dolls come from China these days, this must be creating a strain in Toytown?

[DimPrawn]

http://www.moneyweek.com/file/36564/...o-letters.html

Doomed!

No, hang on, I forget which side I'm on today.

[M_B]

Who are all these immigrants if we aren't talking Europeans? Unless they have ties to the UK I didn't think it was that easy to get in? (I couldn't without a highly skilled migrant visa).

You can't tell me the US doesn't have high immigration. New York, LA and San Francisco are as overpriced as London. We should be following what's happening there.

Oh hang on, what am I thinking... buy before its too late!

Yes - I worded that badly. I was actually agreeing with you.

It should have read "I am not sure that the immigration argu.... "

[wendigo100]

Does anyone know what's happening in the UK wendy house market...?

My house will be worth half a million soon, then I'll sell up and live in a tree while everything crashes around me.

[BlasterBates]

http://www.moneyweek.com/file/36564/...o-letters.html

Doomed!

No, hang on, I forget which side I'm on today.

That is bad.....very bad.

[Bagpuss]

If you called it right you could move up the ladder with little outlay. Cash in at the top, take a subsidized rent in a nice gaff, offer to take it off the Landlords hands when it goes pairshaped with your nifty 1/2 mill in the bank.

[_V_]

If you called it right you could move up the ladder with little outlay. Cash in at the top, take a subsidized rent in a nice gaff, offer to take it off the Landlords hands when it goes pairshaped with your nifty 1/2 mill in the bank.

This is almost exactly what I suggest to her indoors.

Sell up now. Stick the money in the bank (actually several banks). Rent a really nice (bigger) house. Wait for the crash and then move up the ladder. Maybe even see if the landlord wants to sell up.

Her response was house prices can never fall, property only ever goes up.

[NickFitz]

This is almost exactly what I suggest to her indoors.

Sell up now. Stick the money in the bank (actually several banks). Rent a really nice (bigger) house. Wait for the crash and then move up the ladder. Maybe even see if the landlord wants to sell up.

Her response was house prices can never fall, property only ever goes up.

Show her the graph at housepricecrash.co.uk:

• Fell in late 70s;
• Fell in early 80s;
• Fell from late 80 to mid 90s.

If she still won't see reason, get a patio put in: somewhere to bury her, and adds to the value of the property. Win-win!