sylv123

I am probably naive.... A 2 bedrooms in Cotham/Redland for rent is about 800 pounds. For 200 000 K with a 25% deposit, you can have a mortage for this price. If I want to buy for living few years and then rent it to can make sense. I will feel more confident to do that in redland than at the robinson building or the airport point, which is almost the same ratio.

good question! I guess the people who have money are more likely to choose bs6/8 than other less attractive place, so price is less likely to drop. (for info i leave in bs3 at the moment)

Hi, I think you are right, renting price start to increase in redland and probably all around the attractive part of Bristol. A friend rented a flat at 695 for one year and just moved out, the rent increased to 725/month 2 weeks ago and already found a tenant . As dothemaths says, the rent price will stop the price from droping. And if the interest rate is going up, everybody is screwed As bs8 and bs6 will always be attractive and will remain a renting location of choice, i am thinking to buy as well (looking around 170K) Again a crash is impossible there because of the attractiveness and the low interest rate. It is also full of loaded students. even if the price slowy drop , the money i stop wasting in renting will compensate a big part.

If you add 3000 jobs loss from Abbey wood, that's starts to be significant. I feel sorry for these family, but if the rpice does not go down next year, it will never go down... Also, the pressure of the renting market is increasing, which increases the monthly rent. Soon it will be equivalent to pay either a mortage or a rent, so the house may not drop a big deal. Will see, all my prediction has been wrong so far.

My link It's start to get real....

dude, Could you tell me the price of gold in shilling ?

good website thanks. I found a greedy one with a rubish flat: http://www.home.co.uk/search/price_info.htm?property=1081246886 the guy increases his price by +10,000 in oct 09, then -5000 in Nov09, -5000 in jan10 and -5000 in march 10

thanks for this. BS3, bs7 were very dynamic in breaking house into multiple flats. bs3 particularly became a fashion the last few years. It will be very interesting to see these trends after the election, the raise of income taxe and VAT, the reduction of council job, the reduction of benefit etc... I susepct the south east of bristol to be quite impacted by this

thanks Dylan, I am curious to see the changes. One of my colleague, a young guy, bought a one bedroom in st annes over a forty years mortgage. I can't see the price of the ftb going down with this sort of behaviour. His mortgage is now cheaper than a rent but i don't know but the future...

The Maggs and Hallen auctins are always surprisingly high. More down to hearth, a 1 bedroom property in bedminster near my street is on sell for 112,000 pounds. The poor guy bought it in June 08 for 125,000 pounds. http://www.rightmove.co.uk/property-for-sale/property-23229073.html I am surprise I don't see more of see type of sell in bedminster.... sylv.