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Supply is still going to be outstripped by demand, prices will continue to rise albeit slower. Houses are still going to be very much in demand. No crash.

In fairness "stall" and "collapse" are two very different outcomes.

The core focus is my investment business which works with established SMEs & start ups and, giving the current economic climate, the money is better allocated there. Additionally, the tenant I had was very interested in buying the property and seen as this suited all seemed a good time to sell.

Suffice to say I did VERY well out of that purchase .... so not really bankrupt but had to pay a healthy slug of CGT; as you should and I'd rather do that than the alternative.

Or by that time those people are moving out and the smart money is moving in, we'll see.

Sorry Unc just don't see it, people with money to invest got very scared and then thought "I've got money to invest", that money hasn't gone away. People will look to put it somewhere and houses are still a good bet, you spend £200k on a house that you can rent for £850-950, still not a bad...

Hey Unc, this "phase" seems to be dragging on a bit, doesn't it? Bought a house a couple of weeks ago, the price had dropped but circumstances dictated that one, in isolation!

Just re-read that sounded far too cocky, do feel confident on the future but didn't need to portray it in that way ... sorry

There are no interest payments but you're right there may be unforeseen costs but I do think I have most events covered. Like anything there's risk, but hey started businesses in a recession and some have said "You're mad" which will be the same ones that say you're JUST lucky when you cash your...

True mate, so true ... My prediction is profit on capital value by 2014 if I wanted to sell and in the meantime 9.4% return on investment.:ohmy:

Oh well Unc I bought a buy-to-let this week, so that's me f**ked I guess!

Come on Unc even you'll accept defeat on this soon, won't you? House prices fell 3.4% at the back end of a world financial crisis, they'll fall MARGINALLY this year and rise back to pre-2007 prices by 2014. It's not a CRASH, it's a blip, a correction of an over hyped market. Just to be clear...

Sainsbury's profits ... UP TUI bookings ... UP Falmer ... UP What's not to like and look forward to ... For housing crisis *, read stagnent market picking up come Mar '11. * It should be noted that this conclusion has been drawn from years and years of determined optimism, talk a market up...

Not if .... when it goes up next month!

The "correction" was supposed to happen again in the stock market but doesn't look likely now ... he says! Other than the frequent profit taking on the banks shares things appear to be picking up on the markets

Phew got past 5 p.m. then and no crash!

Like the theory but even Cameron knows he only gets away with "That was Labour" for about 6 - 9 months max. Therefore he needs it to happen this month or prior to Christmas. We all know nothing happens in the housing market between now and Mar. Another issue is people are starting to strecth...

To be honest Uncle C you are going to be right at some point. There will be a housing crash, unfortunately this could be short, medium or long term, you seem to be hoping for it now rather than predicting it. No, again, I'm not an Estate Agent and have little interest in the price of housing...

There is no crash about to happen; unless you class a crash as a 5% drop or a massive hike as a 5% increase. Prices will always fluctuate and crashes will, at some point, happen, but not now. No not an Estate Agent, a realist with no interest in property other than owning my own home which I'm...

At which point mortgage products will change to reflect the market. I guess house prices aren't going to fall down to the levels to stimulate the first time buyer market as more and more private investors snap up buy-to-lets etc. Maybe we're move towards lifetime type mortgages and adopt a...