sithclone7 Posted May 10, 2006 Share Posted May 10, 2006 (edited) As your here you must have some intention of Buying/Selling/Profiting from houses. So when would you consider it "A good time to buy". Me: 2009,2011 Edited May 10, 2006 by SithClone7 Quote Link to comment Share on other sites More sharing options...
HomeAlone Posted May 10, 2006 Share Posted May 10, 2006 Only a lottery win for myself. I've come to realise that no matter how hard I work and how much I try and save I'll never have enough to buy even if houses return to the 3.5X salery average. The difference in the cost of living compared to my cost of living wage increase is getting bigger and bigger every year. Add to that a "normal" HPI and the dream is always beyond my reach. Quote Link to comment Share on other sites More sharing options...
iamconfusedagain Posted May 10, 2006 Share Posted May 10, 2006 (edited) In theory if I earnt real money rather than the peanuts they give me each month I would look at 2010-11 if money was the only consideration, but a bit earlier for the sake of having a place to call my own. In practice I am at the mercy of my rich girlfriend If she chucks me in I will have a look around to see which countries look nice and will let me in. Somewhere wth good cycling perhaps. Like homealone 3.5x is not ever going to be enough for me on my own. edit: my stupid fat fingers mess up my splling agin Edited May 10, 2006 by iamconfusedagain Quote Link to comment Share on other sites More sharing options...
newaccount99 Posted May 10, 2006 Share Posted May 10, 2006 When purchasing stacks up as a better proposition to renting. That won't happen for me until either: House prices drop approx 20%+ Rents increase 20%+ Quote Link to comment Share on other sites More sharing options...
Warwickshire Lad Posted May 10, 2006 Share Posted May 10, 2006 It could be around 5 years from now, although who knows what personal circumstances will be then. Might not even be in the country anymore. It's going down the toilet. Quote Link to comment Share on other sites More sharing options...
Guest Bart of Darkness Posted May 11, 2006 Share Posted May 11, 2006 No earlier than 2007. Quote Link to comment Share on other sites More sharing options...
Ethel Posted May 11, 2006 Share Posted May 11, 2006 When actual house prices go below the red trend line on the Nationwide graph. Quote Link to comment Share on other sites More sharing options...
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