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House Price Crash Forum

The Purchase Regret thread


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Certainly those buying in the Covid "rush for debt" mania.

Edited by Huggy
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2 hours ago, PeanutButter said:

 

 

Do add any examples from anecdotes to social media or news.

"It has been hard to convey, through anecdotes or data, how bizarre the US housing market has become," Kelman said. "For example, a Bethesda, Maryland homebuyer working with @Redfin included in her written offer a pledge to name her first-born child after the seller. She lost."

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1 hour ago, bodgittandscarper said:

Can I nominate anyone buying a new build just before Help To Buy finished and Truss came to the scene?

Ironically, they could benefit from their 20% equity loan dropping in value, allowing them to buy out the loan or pay it off at a lower rate than if their house rises greatly in value in the intervening 5 years.

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