Report Halifax April -3.1% m/m (merged topics) in House prices and the economy Posted May 8, 2018 8 minutes ago, TryingToWin said: renegotiate rent, lol. Dude if Halifax says tomorrow that the price of a house is ZERO. Nothing. Do you think that means rent goes down to zero? That doesn't change the amount of homes available and the amount of people who need to live in them. It is the renters who are "bidding up" the price of rental accommodation based on what they are willing to pay to live there. It is not related to the mortgage costs or house values in the slightest. Its the same as rent controls. Yea put them in, if you want everyone to end up living in shoe boxes. "Negative equity" my ****, if you can keep the place for 25 years you make money compared to someone who keeps their deposit in cash. No exceptions. This will only change if immigration policy changes. "No exceptions. This will only change if immigration policy changes." Like next year, with Brexit? LoL Actually, I agree with most of what you say. Negative Equity is only going to hit the recent buyers and the very leveraged, including BTL and "home owning" equity releasers. Psychological impact will be huge though. It will make selling houses like selling high end diesel cars. Nobody wants to be left with a high priced deprecating asset.