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Guest muttley

Don't Worry, It Couldn't Happen Here.

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Guest Bart of Darkness

Phew, that's good to know. ;)

I'll sleep soundly knowing that Our Man Gordon is on the case.

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More clutching at straws, all of which is a classic sign of frustration and desperation by the doom-mongers at not seeing any sign of a property crash occurring. A property crash will not be caused by rising interest rates.

We are unlikely to have interest rates that go above five percent which means that house prices will remain high indefinitely. Why do some people on this forum whinge and moan about high house prices? What is wrong with high house prices?

High house prices is just a sign of the times and the whingers and losers will just have to learn to get used to it rather than constantly whinging and moaning about it.

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Why do some people on this forum whinge and moan about high house prices? What is wrong with high house prices?

A lot, and you know it.

You have absolutely no appreciation whatsoever of the real dilemma and hurt that has been caused to countless FTBs everywhere.

You are very insensitive and you should take your trolling elsewhere.

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A lot, and you know it.

You have absolutely no appreciation whatsoever of the real dilemma and hurt that has been caused to countless FTBs everywhere.

You are very insensitive and you should take your trolling elsewhere.

Don't worry, I'm sure the men in white coats will catch up with him sooner or later. In the meantime, just add him to your ignored users list.

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More clutching at straws, all of which is a classic sign of frustration and desperation by the doom-mongers at not seeing any sign of a property crash occurring. A property crash will not be caused by rising interest rates.

We are unlikely to have interest rates that go above five percent which means that house prices will remain high indefinitely. Why do some people on this forum whinge and moan about high house prices? What is wrong with high house prices?

High house prices is just a sign of the times and the whingers and losers will just have to learn to get used to it rather than constantly whinging and moaning about it.

That was 5 minutes of your time wasted, do you think we read/listen to what you say?????

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A property crash will not be caused by rising interest rates.

Oh I think it could be, but not by anything less than 3-5% above present levels.

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Guest muttley

Oh I think it could be, but not by anything less than 3-5% above present levels.

Do you believe the current market is sustainable with IRs at 7% ? ( 2.5% above what they are now)

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Guest Riser

Oh I think it could be, but not by anything less than 3-5% above present levels.

It is not the magnitude but the proportion of rate rises that will impact borrowers, we have had a long period of very low rates so many recent FTB and many leveraged BTL have no chance of surviving a rate rise of even 1% which will increase their monthly interest payments by around 25%.

The market is driven by an underlying tide of sentiment onto which are superimposed waves driven by changes in interest rates. The market now expects a 0.25% rate rise in August and another 0.25% rise in November, this will decimate the market by next April.

InterestRateHPI.gif The link between Interest Rates and the waves of HPI is clear to see

post-1619-1148025882.gif

Edited by Riser

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A property crash will not be caused by rising interest rates.

What school of economics did you go to then?

There are probaly at least 10% of homeowners that are in debt way above their heads - with interest rates as they are - a rise of 1% would cause them great hardship - the lenders would tighten their lending criteria meaning mewing you way out would be a less likely opportunity - so they will have to sell

If only half of the 10% sell that will double the number of properties that are up for sale leading to an oversupply and a reduction in price - simple laws of economics

If interst rates go up by 2-3% as they should (historical position of UK rates in relation to other countries esp. the dollar) then the position of many more people will become untenable

You keep dreaming and remember

Pride comes before a fall

CS

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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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