Jump to content
House Price Crash Forum
Sign in to follow this  
Trixta

When House Prices Do Eventually Crash....

Recommended Posts

Have there been many discussions about this?

My thoughts are that houses will still be unatainable for the common man.... let's think about it.

Lets say that your salary is average, and all properties are affordable.... who's going to snap them up? It's going to be people with higher incomes, looking to bag a bargain in time for the next boom.

This in turn is going to drive prices up and up and up very quickly - and sadly Joe Bloggs will probably find that all the properties for sale have been taken...

I bought my first flat last year (to live in), but I know that as soon as prices become reasonable again - I would happily buy another one, and that is exactly what I have been saving for over the last year.

Sadly, in practice, if there are people out there who have a higher salary - they will have more flexibility when it comes to snapping up new bargains. I feel that the only true way to ensure you don't miss the next buying craze is to ensure you have a higher than average salary...

Edited by Trixta

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 355 The Prime Minister stated that there were three Brexit options available to the UK:

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.