Where do you think house prices will be in 1 year?

[Doggy Styles]

One thing is for sure, it won't be the "gentle correction" or "soft landing" that the wishful, hard-of-thinking majority of people believed.

[TimberWolf]

One thing is for sure, it won't be the "gentle correction" or "soft landing" that the wishful, hard-of-thinking majority of people believed.

I see that a few people on here are not taking these polls seriously. The big + percentages were only included as a joke.

[d000hg]

I see that a few people on here are not taking these polls seriously. The big + percentages were only included as a joke.

I dunno, prices were rising 20% (maybe more) per year at the peak of the boom, and have dropped 20% these last 12 months... most of that being before unemployment and recession really started to bite.

[AlfredJPruffock]

I still think they will drop, but not enough that would put me off buying at the moment, probably summer.

I have made quite a bit by moving to renting in summer 2007.

The gf convinced me to put a 495k bid in on a house in Dec 2007, we missed out by 200 quid, the sale fell through and the house eventually sold in Dec 2008 for 416k. That really was dodging a bullet.

The Chinese have this curious view of life - that often what seems bad at he time later turns out to be a blessing in hindsight.