Report Why are people buying despite predicted falls ? in House prices and the economy Posted September 30, 2020 Have you not spoken to anyone about houses in the last 20 years, all they talk about his how much money they've made on their houses. I have spokesmen on occasion about homes - not financial investment in property. No one I know cares how much their house is worth it is where they live and their home. If we talk about where we live we may talk about what we have done in the garden, or if we have had new carpet of if we have been out with the neighbours etc. I have no idea how much my house is worth and I do not care I have no intention of moving. When I am out with family and buddies or popping into the local for a couple of beers or meeting mates at a sports event not one if us ever talks about house prices. We talk about sport, where we have been for a meal who we have seen, TV, music etc. I doubt that prices have risen since 2016 although I stand to be corrected on that. The fact that people are buying houses when there are many predictions of price falls shows that they are not motivated by making money on a home and do not see it as financial investment but as a home to live in. The person who seems to be obsessed about house prices is your good self.