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Your property predictions for 2008.

Started by propertyfag, December 21, 2007, 09:37:01 AM

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propertyfag

I think the following:

> lower interest rates
> increase of about 2-5% in property prices
> there won't be a crash as my previous point illustrates, but there will be a slowdown
> less borrowing
> I think people will start buying again after New Year. I know a lot of people think that the market will be dead for a long time now.
> rental rates increase
> BTL will prosper; landlords will continue to buy
> FTB's will still face a struggle

What do you guys think?

hopson

I think you have it pretty spot on there, certai areas will see better increase than others
modest price rise of 3-4%
Yes rates cut
Big demand for lettings
Increase in BTL

Let the good times roll

Badger

Fag nice one, i agree with everything you said there, * well it is xmas after all*
One thing you forgot to mention, the agants will get richer and richer no matter what lol

propertyfag

Quote from: Blodwyn on December 21, 2007, 01:04:37 PM
Fag nice one, i agree with everything you said there, * well it is xmas after all*
One thing you forgot to mention, the agants will get richer and richer no matter what lol

During the boom it was easy money; loads of agents started appearing from no where. I think a lot of the smaller agents will go out of business. But the bigger agents that are financially stable enough to get through the drought, will get richer, no doubt.