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The Masked Tulip

Talks Real Estate With Host Tom - Canada

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Some rather interesting thoughts in that piece. He says that essentially what IR only and other modern financial tricks (read self-cert, 4 or 5 X income, etc. ) have done is pull future puchasers into the present. People who could not (should not) be purchasing now have been given the means to do so as the market, being overhyped, has lost most of the current FTBs. This does not bode well for the future as these buyers will not be there to underpin any market in 2 or 3 years time.

His analysis of the local market is pretty spot on. This is one BTL with his head screwed on.

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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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