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Guest pioneer31

Just seen this item on the local news. The usual guff about the need for more homes to be built etc etc.

Does anyone think that the SW (because of its desirability) will not see falls like other parts of the UK?

If prices tumble, won't miserable little **** start developing visions of buying holiday homes to rent out?

Edited by pioneer31

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Just seen this item on the local news. The usual guff about the need for more homes to be built etc etc.

Does anyone think that the SW (because of its desirability) will not see falls like other parts of the UK?

If prices tumble, won't miserable little **** start developing visions of buying holiday homes to rent out?

I'm not sure.

I think that sea front property and cottages will retain some of their their premium, but less desirable houses (e.g. ex council houses far inland) will fall heavily.

A lot of the SW property has been bought by people from London and the South East, often with money borrowed against their main house. If they start to feel the pinch of falling house prices they may try to offload their house in the SW. If they have to sell to locals they will need to slash prices heavily.

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  • 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%



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