Will there be an housing crash?

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Kutie Karen
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#1
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#1
Will there be an housing crash?
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chelseafan
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*a

And no prob not, there's a lack of supply and lots of people waiting for one.
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Kutie Karen
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#3
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#3
(Original post by chelseafan)
*a

And no prob not, there's a lack of supply and lots of people waiting for one.
I was thinking that as people are struggling and recession around the corner then surely house prices have to go down right?
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chelseafan
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(Original post by Kutie Karen)
I was thinking that as people are struggling and recession around the corner then surely house prices have to go down right?
The problem is that EVERYONE is thinking that and there is a lot of buying pressure. They aren't going down significantly, the supply is too low.

Also will depend on the location heavily as well.
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Kutie Karen
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#5
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#5
So you do think they will go down. How much do you think the housing market take a battering?
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the bear
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#6
they will go down a bit, but they will still be unaffordable for most people.
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Kutie Karen
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#7
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(Original post by the bear)
they will go down a bit, but they will still be unaffordable for most people.
Why do you think that? I think the recession around the corner will give the housing market a battering.
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Quady
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#8
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#8
(Original post by Kutie Karen)
Will there be an housing crash?
Will BoE set interest rates above 5%?
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Kutie Karen
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#9
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#9
(Original post by Quady)
Will BoE set interest rates above 5%?
I guess so. Inflation is out of control !
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Quady
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(Original post by Kutie Karen)
I was thinking that as people are struggling and recession around the corner then surely house prices have to go down right?
Why would cash buyers be struggling though....?
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Kutie Karen
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#11
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#11
(Original post by Quady)
Why would cash buyers be struggling though....?
I don't think there that many cash buyers!
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Quady
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#12
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#12
(Original post by Kutie Karen)
I don't think there that many cash buyers!
45% of UK residential sales are cash.
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Jack22031994
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#13
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#13
Eventually yes as markets always do
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londonmyst
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#14
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#14
Yes, eventually.
Probably will occur first in some parts of northern ireland and south wales.
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Reue
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#15
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#15
Being relatively cash rich and equity poor; I hope so.. but can't see it happening tbh.
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Kutie Karen
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#16
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#16
(Original post by Quady)
45% of UK residential sales are cash.
I didn't know that. Source?
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Quady
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#17
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#17
(Original post by Kutie Karen)
I didn't know that. Source?
Soz 40%.
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Little pecker
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#18
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#18
God I hope so
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Kutie Karen
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#19
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#19
(Original post by Quady)
Soz 40%.
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Wow. That is pretty interesting fact!
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Kutie Karen
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#20
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#20
How much interest does the help to buy mortgage charge once the interest free period is over?
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