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Friend Of A Friend Being Told Now Is A Bad Time To Buy!

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Mrs Pent Up showed me one of old friends facebook status updates today it said 'thinking of buying a but sick of every sticking their nose in!' In the comments it becomes clear that everyone is telling him that now is a bad time to buy and he should wait! 'do they have a crystal ball?' he says. Nope maybe they have some common sense.

It's amazing how quickly sentiment has turned. Just 6 months ago when I was considering it I was continuous told brilliant idea noes a great time to buy! Whic used to make me angry. Now it seems the pendulum had swung back in the opposite direction :)

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Mrs Pent Up showed me one of old friends facebook status updates today it said 'thinking of buying a but sick of every sticking their nose in!' In the comments it becomes clear that everyone is telling him that now is a bad time to buy and he should wait! 'do they have a crystal ball?' he says. Nope maybe they have some common sense.

It's amazing how quickly sentiment has turned. Just 6 months ago when I was considering it I was continuous told brilliant idea noes a great time to buy! Whic used to make me angry. Now it seems the pendulum had swung back in the opposite direction :)

Still got everyone around me saying now is an excellent time to buy, prices have dropped as much as they are going to, and you need to get in now before they start shooting up again.

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Is it a bad time to buy?

By that, do HPCers now hear friends, neighbours, general public generally talking about it not being a good time to buy a house?

Has sentiment changed so quickly?

No-one in my circle has gone as far as to say that buying now is bad, but they are no longer saying houses only go up in 'value'. These are the same people who are now fearful for their jobs, have seen their investments lose value and worry about "the Tory cuts". And yet they still can't actually bring themselves to say out loud that houses are going to drop in price - as if their fears have nothing to do with the sacred cow that is property prices...

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  • 142 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%



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