Where will the property market be in 3 years time ?
Sunday, April 25th, 2010 at
6:31 am
I have seen two property corrections in my lifetime, 1972 and 1989. Everything is cyclical and I feel we are due for another bumpy ride.
This government has encouraged rampant houseprice inflation to a point where my kids, who have full time work with large PLC’s, cannot afford to purchase their first house.
Economic prosperity has to be earned, not given away. Our debt levels in this country are enourmous. Property prices have crashed in Japan, America, Spain and France etc. We cannot remain aloof from a global downsize.
Tax the buy to let brigade who borrowed excessively against rising prices to finance their expansion and tax the second home owners.
These high prices do no one any good.
Quick House Sale
Related articles:
- Can anyone predict what will happen to the housing market in the UK over the next 5 years? Considering how things arein America and the unsustainability with mortgage lenders and estate agents going broke, also looking at FTSE profules recently I believe we are set for a...
- The Health Of The Property Market In Spain Spain has been the largest absorber of migrants in Europe for the last six years. An estimated 2.8 million people have arrived increasing the countries migrant population fourfold. A...
- Likelihood of London property market crashing in next 5 years? After years of renting and pretty much throwing away money, I’d like to buy a property in London next year. I don’t want to stretch myself too much in...
- A Property For Sale in France – Can You Still Find a Deal? A property for sale in France is a subject that has always tempted British buyers. A reasonable percentage of British families own a second home in France and many...
- A Property for Sale in France – Can You Still Find a Deal? A property for sale in France is a subject that has always tempted British buyers. A reasonable percentage of British families own a second home in France and many...
Tagged with: Debt Levels • Japan • Lifetime • Spain
Filed under: property crash
only time will tell
I work for an estate agency and i think that the property market is due for a slump. Already house prices are starting to fall and there are so many houses on the market and no buyers due to the rise in inflation. I wouldnt want to be buying or selling at the moment and i think the buy to let market is going to get a nasty shock sooner rather than later
Straight line it from 1950 till today. There is no better investment.
However, if you are trying to break into the market, there is no better time than today.
For the builder will make deal where he is leading lots of first time buyer gets the builder will make deal where he is leading.
The arm then the arm then the builder will make deal with high interest for the slump in the slump in the first 23 years the bill.
The arm then the bill.
Ik bezit meer toen enkel een tweede huis en betaal daar overvloed van belastingenvriend! U bent correct, zijn wij binnen voor een rit, maar de meeste mensen zullen niet zelfs uitgevoerd worden. Uw jonge geitjes zullen een huis, enkel één kunnen kopen zij zich kunnen veroorloven, niet hun werkgevershuis.
De belastende mensen zullen de situatie slechter, om het even wat niet om op te lossen maken.
Blijkbaar bent u rond geweest zolang ik heb. Daarom hebt u tijden gezien waar onze overheid droog ons aftapte en ton geld bij de zelfde problemen wierp die wij nog hebben gehad. Het werpen van geld bij problemen helpt om het even wat niet.