Jump to content
House Price Crash Forum
Sign in to follow this  

Interesting Article On Scotland

Recommended Posts

Apologies if this has been posted already:


It's a surprisingly bearish article until the final paragraph...

"Another interest rate cut could help, so could a general upturn in the economic mood of the UK which remains downbeat, despite a strong stock market, but personally I think the market will stay static for a further few months, probably until the spring. Then we should start to see it slowly, slowly recover its confidence."

...but given the inflation figures and the oil price, I think she'll be waiting a long time for her IR cut and economic upturn!

Share this post

Link to post
Share on other sites

The scotsman is usually pretty bullish especially about the Edinburgh market but given the number of properties on the ESPC and the number on Fixed Price and the reduction I have seen (some £75k) - I think slow , slow ,slow will be around for a long time, if not continuing down like the second quarter in the FTB area to start off with. :huh:

Share this post

Link to post
Share on other sites

The Scotsman is the in-house paper for Edinburgh's financial sector, so no surprise they normally talk everything up. I don't think Scotland is quite so precarious as parts of England price-wise, I think it will be more of a correction than a crash.

I thinking of moving back home in the near future, so hopefully I'll time it just for the deepest trough :D

West Lothian and other commutable places went crazy for a while - how are they doing these days? I know someone who bought a new build in Broxburn at 90K 2003, neighbour's house (identical but smaller garden) sold for 135K late last year, exactly 50% mark-up in about 18 :blink: months!

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.