test please delete

[DiscoStu]

Is a flat tomorrow like a round today?

Today just feels round because the room is spinning. Everything will be flat again tomorrow...

[Diver]

Renting, I think now would be quite a bad time to buy!!

With the lowering interest rates ?

Get a fixed rate when it drops a bit more

[DiscoStu]

With the lowering interest rates ?

Get a fixed rate when it drops a bit more

I'm a doom-monger. I'm waiting for the imminent 30-40% drop in prices

[Diver]

I'm a doom-monger. I'm waiting for the imminent 30-40% drop in prices

In the history of the housing/property market. When have prices dropped.
They slow down and stagnate for a few years but never truly drop and never will. values will still increase to keep pace with interest.

[Bear]

Renting, I think now would be quite a bad time to buy!!

If you're looking for a financial windfall - Yes

If you need a home to live in - give it 3 months, the rate will be at 5%. bargain

[Bear]

I'm a doom-monger. I'm waiting for the imminent 30-40% drop in prices

optimist

[DiscoStu]

In the history of the housing/property market. When have prices dropped.
They slow down and stagnate for a few years but never truly drop and never will. values will still increase to keep pace with interest.

Early 80's a fair amount, early 90's lots, there's quite an interesting graph of average house prices over the years here

[DiscoStu]

optimist

[Bear]

We're going to have to ride any fall in house prices

we need a bigger house now

[DiscoStu]

We're going to have to ride any fall in house prices

we need a bigger house now

It's not so bad if you're just moving up the ladder, as a first time buyer I don't want to see my entire hard-saved deposit wiped out as my property devalues...