Doomed

[Dow Jones]

The difference is...

even if there is (and will very likely be) a recession round the corner, interest rates will go down to try and revive it. Same as the U.S., better to be able to choose what to do than be dictated by others, more or, even less, fortunate.
Different ailments require different medicines, not same.
Housing market will be affected by the lack of money supply, hence fewer buyers at the middle/lower end.

[sasguru]

I doubt the central London / K&C or H&F boroughs will be affected for a long while yet.

When we talk about the property market in the UK, I think it's different to talking about the property market in London, which from what I see is a very localised market.
P

Aye that's what they said last time too.

[Spartacus]

I doubt the central London / K&C or H&F boroughs will be affected for a long while yet.

When we talk about the property market in the UK, I think it's different to talking about the property market in London, which from what I see is a very localised market.

P

Sorry, too serious for a CUK housing price thread.

Are we doomed or boomed, Peter? We have to keep it simple for the kiddy-winks.

[Diver]

I sold it for the price of Wales to some tail-ender, johnny-come-lately, landlord.

HTH

well parried sir

[TimberWolf]

I sold it for the price of Wales to some tail-ender, johnny-come-lately, landlord.

You sold up and are renting now?

[Spartacus]

I sold it for the price of Wales to some tail-ender, johnny-come-lately, landlord.

HTH

Was it Bagpuss or AtW?

[Diver]

You sold up and are renting now?

TimberWolf. stick with the program buddy.

[sasguru]

You sold up and are renting now?

Aye. Although I have invested in property abroad.

[Diver]

Aye. Although I have invested in property abroad.

Two weeks holiday in a rented bedsit in Benidorm, is not investing

[sasguru]

Was it Bagpuss or AtW?

Don't think so. The purchaser made no mention of lady-boys, rubber dolls or squirrels.