Is this the last desperate scramble before a crash?

[OwlHoot]

If the housepricecrash forum is still going, someone should nip over there and see how excited they are getting.

By the sound of it, Janek (who used to post here but found we weren't gloomy and pessimistic enough) should be ecstatic by now.

[bobspud]

You all forget the one thing that is the single most important point of the whole affair.

If a bank lends you £300k to buy a pad then they want the money back NOT a repossessed and stripped out property that is worth half its starting value. 300k turned into 900k over 25 years is good business for them at 1.5%. Barely breaking even on their principal 300k is a FAIL. They have had a handle on this from the start bar a few isolated cases.

[doodab]

Help to buy needs to be replaced with help not getting repossessed.

[RedSauce]

Yes, it is coming,

• all the estate agents and property vested interest publishing news stories about
• Government bringing forward HTB 3 months before due and before the banks are even ready
• Foxtons rushing to float (why would they do that if we were at the start of a boom)
• Ridiculous levels of HPI over the last few months
• Millions of people in houses that are only affordable due to low interest rates

[scooterscot]

Where can I afford to live?

I'm no longer allowed to live in the UK

BBC News - Where can I afford to live?

[scooterscot]

We know what this usually means don't we?

Yes, the clownfish has more memory.

[DimPrawn]

BBC News - Is gazumping back on the agenda?

Everyone is stating property prices will rise. Everyone is scrambling to buy now.

Quick fill yer boots!

We know what this usually means don't we?