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Corsa Sport » Message Board » Off Day » House Day » The housing market » Post Reply
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Cosmo |
posted on 5th Nov 07 at 12:09 |
I seriously doubt their will be a nationwide crash in prices, but I would expect some areas will see more of a drop in prices than others...but I dont think your talking much at all, more of things just getting a little more stable than they have been in the past 4-5yrs. | |
AndyKent |
posted on 5th Nov 07 at 12:07 |
The BoE would drop interest rates to encourage growth again, but places would be cheaper so you wouln't need to borrow so much. | |
Aaron |
posted on 5th Nov 07 at 12:04 |
If there is a crash, will the interest rates be dropped to allow people to get mortgages again do you think. This will obviously start the ball rolling again | |
AndyKent |
posted on 5th Nov 07 at 12:01 |
It'll flatten out for a bit I reckon, over-priced properties will loose a bit off the asking prices, but nothing major. It'll pick up again in a while no doubt. | |
Aaron |
posted on 5th Nov 07 at 11:59 |
With the recent/current "credit crunch" happening in the US and UK (and probably other nations). How badly do you think this will affect the housing market? |