Will they go up or down? I have put very little effort into this poll.
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House prices
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Bollox
The improvement in housing market conditions, however, does not mean that the positive price trends of recent
months can be extrapolated into the future in a straight line. If prices continue to increase at the rate of the last
three months, they would soon rise to levels that would be noticeably out of line with earnings, rents and other
fundamental determinants of housing valuations. One should also not underestimate the impact over time of high
unemployment, which has implications both for buyer confidence and the financial pressure on existing owners to
sell. It is unlikely, therefore, that price increases can be sustained for long at the very strong rate observed over
the last few months.
So yes no and maybe
NextThere are no evil thoughts except one: the refusal to thinkComment
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I think they will bump along pretty much as they are for at least another year."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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They will go up because
1) low savings rates offered by banks
2) mortgages approvals increasing
3) increasing population
4) If everything else collapses you still have a physical asset!Comment
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Depends a lot with what happens with interest rates. What will the conservatives do with them if they get in?Comment
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Originally posted by TimberWolf View PostDepends a lot with what happens with interest rates. What will the conservatives do with them if they get in?Comment
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Originally posted by TimberWolf View PostWill they go up or down? I have put very little effort into this poll.
When do I need to make a decision?Comment
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Originally posted by TinTrump View PostOutside of their control unless they undo Lab's decision to give to BofE. Which I don't they will.Comment
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