V shaped recovery underway

[sasguru]

Did you not scoff at me last week for buying a house?

Yes you were BORROWING money to buy a house with DODGY documentation.
I am doing neither.

hth

ps Tell me you're not going through with that?

[Shimano105]

Even by my tight standards, there are some properties coming on now (probably distress sales) that look good value.
In case this is really a sustainable V-shaped recovery (unlikely but possible), I wouldn't want to miss out, so probably will hedge by buying one flat now and keeping the rest of my powder dry till later.

bedsits-over-kebab-shops

[sasguru]

bedsits-over-kebab-shops

I'll make money out of anything

[Menelaus]

Wonder what the graph would look like were it seasonally adjusted though.

A mate who is an estate agent is a lot busier than they were, but still having difficulty in actually doing any transactions.

still uber-tight mortgage lending, meaning that first-time buyers are still being kept off the ladder.