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We can finally reasonably expect prices to be lower in a year.

But, I see little comparison to 2007.

There is not a giant insurance scam on mortgages in the same way. What has happened is a major drop in production from Covid-19 and a period of substantial readjustment with Brexit (whether it is good or bad in the long term, I leave to the Brexit thread).

I am pessimistic of houses becoming actually more affordable in the way they were in 1992. In which case, I wonder if there is a general benefit?

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1 minute ago, Roman Roady said:

Deflation is great for those in the black...unless Sunak want to help himself to a share of our savings.

I will be fine. I am comfortable enough. But, generally, I see no difference to the lives of ordinary working people.

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1 hour ago, Roman Roady said:

Deflation is great for those in the black...unless Sunak want to help himself to a share of our savings.

Given events so far, who'd bet against that? A timely post, all should ponder that possibility.

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  • 417 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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