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House Price Crash Forum


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About Ausdave

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  1. I tend to stay out of politics when trying to predict anything and think it’s a good mantra for the forum. as far as predictions go, they are just that, I couldn’t have predicted the present rise in a month of sundays.
  2. In response to the topic question, my answer is no. This time last year I would have said absolutely.
  3. The 2008 issue was different from now, major banks went under and as a result they’re all in a much stronger situation to weather the storm now. Falls yes, for all the reasons you’ve mentioned but a shit show to dwarf 2008, don’t think so.
  4. Don’t think we’ll see 70% loss on any property in North Coast. Wishful thinking. Didn't see 70% loss post 2008-2012 in this region.
  5. Any predictions for a slow down in the North Coast market?
  6. Not that long ago... https://www.philiptweedie.com/extract/PORTSTEWART_26190_DOC_00.pdf
  7. No sign of corona damping down HPI on the North Coast. From 2018 https://www.facebook.com/philiptweedie/posts/53-coleraine-road-portstewartbt55-7hp-offers-around-185000this-spacious-3-bedroo/2212524538775597/ to now... https://www.propertypal.com/53-coleraine-road-portstewart/650148
  8. Not sure if this would represent the average purchase? Perhaps a small portion of the market? I’ve just been looking at established and new developments and cross-referencing these sold properties with houses then appearing for let. Was surprised by the numbers.
  9. What are the thoughts on the North Coast Market, are we going to see a Corona effect here? There seems to be a lot of activity. Is it just the BTLers purchasing?
  10. Agree totally with you, it's horses for courses. I bought at a time that everyone told me was wrong. It wasn't. It was a wise move and never regretted it. It could be argued that buying at the wrong time only costs you money if you sell at an equally incorrect time. But that's not a debate I wish to start. Just suggesting having read the emotional struggles of the OP, that if they wish they complete the purchase, close their laptop and relax...
  11. Buy it, live in it, enjoy it and live life.
  12. Not sure, I was pretty sure it had gone SA in 12. - May however have fallen through given the state of lending at that time. I did remember seeing the other semi for sale at a later date.
  13. Unbelievable on so many levels.
  14. I know, short memories... It was over 6yrs however - most prob been Sept 11 as the weather was great! Remember watching the Iceberg youtube video and just laughing to myself.
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