With the coalition policies expected to result in the loss of up to a million jobs (both public and private sector) where do you think hous prices will go?
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28Fall64.29%18Rise10.71%3I don't care - I live in andyW's mums brothel25.00%7Hard Brexit now!
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I stopped to look at house prices in an estate agent window the other day and still found it hard to believe the asking prices. Who the flip can afford 400K, let alone for an average looking house. The only saving grace is that GBP may fall faster than house prices, who knows. -
Loads of people otherwise they wouldn't be priced at that, would they?Originally posted by TimberWolf View Post
Depends what you can get for your current house.Hard Brexit now!
#prayfornodealComment
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Even if house prices don't change, the price of houses in the UK will go down as the £ falls.Fiscal nomad it's legal.Comment
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Originally posted by TimberWolf View Post
Not to say I would though; I don't fancy trying to sleep at night knowing I owe the bank half a million euros.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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House price falls are lagging as dumb ass vendors are, once again, not being realistic in their pricing.
You'll still get pockets of growth such as Central London but I'd imagine the general trend is downwards for the next couple of years.Comment
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The only way is up..baby.Comment
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We put a bid in for a house in 2007 for 491,000, the winning bidder took it for 491,200.
The bidder failed to stump up the money which under Sctos law is a major no no, as they were taking legal action they offered the place to us which we declined. The place went for 417,000 8 months later so the winning bidder has to pay the 70 odd grand. We worked it out that the bidder knew the property owner and a deal had been struck that they would pay 200 quid over the top offer which was ours. Bullet dodged there.Comment
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