2006-09-17 05:43:53 · 8 answers · asked by michelin_man 3 in Business & Finance ➔ Renting & Real Estate
no wait for the crash
2006-09-17 05:52:26 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The right time to buy is when you can afford to. Remember that the chances are you will own 'property' for the rest of your life, during which time the market will go up and down.
Therefore, in the absence of looking to make a quick return on an investment, it doesn't matter which part of the cycle you join, the important thing is getting your foot on the ladder and buying something that doesn't cripple you mortgage wise.
London is great area to buy and a tip is to try and look for the 'up and coming' areas such as Colliers Wood or Tooting in the south and parts of East London (with the Olympics on the way).
Good luck.
2006-09-18 09:29:51 · answer #2 · answered by Chris G 3 · 0⤊ 0⤋
There is never a right time, we all wished we had bought two houses 15 yrs ago, so the price would have quadrupled by now, but most of us could not afford it, the same as now. The persons to benefit will be our children.
2006-09-17 12:52:59 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Definitely not! Prices have to come down. This has been discussed here several times already.
2006-09-18 08:23:48 · answer #4 · answered by mbnes 2 · 0⤊ 0⤋
What are you going to do wait for the prices to come down?
2006-09-17 12:48:13 · answer #5 · answered by ? 3 · 0⤊ 0⤋
of course but then i would say that iv ten up 4 sale
2006-09-17 12:48:58 · answer #6 · answered by sly baken 2 · 0⤊ 0⤋
yes
2006-09-21 10:23:50 · answer #7 · answered by Anonymous · 0⤊ 0⤋
YES .////////////////////////////
2006-09-17 12:47:33 · answer #8 · answered by Anonymous · 0⤊ 1⤋