I would be interested to know what line of work you are in to justify the above statements - surely this mortgage squeeze (generated by Banks & other lenders) rather than an oversupply of properties vs. the numbers of people that will wish to buy one (which will be generated by future...
Agree with most of the above. I posted about a million pages ago about how the UK has a growing population (touted to be 70 million plus in 20 years time) and that we don't build many dwellings especially in the places where people want to live i.e the South-East of England.
Surely these...
Hmmm, had a look at where I live (RH20) and the 'Crash' looks like a 2-5% decline on average & when you look at the actual properties most are not very desirable in the first place.
I don't think anyone has answered my original point about why property prices would crash when over the next few...
Dips toe into water.....
Isn't the main issue with property prices that we live on a small island with a growing population (70 million plus predicted in my lifetime) and comparatively little house building going on in the places where people actually want to live.
If you accept the above...