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dog

Bears And Bulls

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So?

(Whoops I voted the wrong way in my own poll. How embarassing. Subtract 1 from question 1 and add 1 to question two)

Edited by dog

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What about those who have only thought about buying in the last year? Who then turned bear [or bull].

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Been a bear since 2002. Fully expected prices in London to drop - they didn't. They stagnated.

I was wrong then.

I'm more convinced than ever that property will fall in price by approx 30% plus or minus 15% depending on area and type. Timescale for the drop once falling prices are common knowledge is the biggest unknown. Could take decades, might take 2 years.

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Guest Cletus VanDamme

Been a bear since 2002. Fully expected prices in London to drop - they didn't. They stagnated.

I was wrong then.

I'm more convinced than ever that property will fall in price by approx 30% plus or minus 15% depending on area and type. Timescale for the drop once falling prices are common knowledge is the biggest unknown. Could take decades, might take 2 years.

Like you I expected London prices to drop. Whether the recent mini-boom in London will be maintained, we shall have to see. But to be honest I am more bullish than bearish about London property these days. I just can't see under what realistic circumstances (bar a terrorist attack) desirable or even semi-desirable London locations will fall, noticeably, in the medium term.

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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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