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brunobald

So Has The Government Saved House Prices

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I used to use this forum quite a bit about 5 years ago when I was thinking about buying a flat. I thought we were in for a massive price correction so I held off. Turned out to be a good move as prices did fall and I had to move down south for work. Flash forward 5 years and I'm back in Scotland and it looks like prices are on the rise again. My sister is looking for a flat in Glasgow and flats are selling fast for well over asking.

It looks like the government is doing all it can to prop up house prices and it appears to be working. Look at London it's madness and it's spreading over the uk.

Have the government for the first time in history staved off a proper correction and does anyone still think we will see some falls in price. I still think most places are double what they should be for the next generation of buyers to buy the housing stock they would historically live in if that makes any sense.

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