2007-06-27 03:19:22 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
A full blown crash is unlikey.
Most likely is a more steady increase or even levelling off.
Economy is nicely growing, interest rates not too high, and there is still a shortgae of affordable homes.
2007-06-27 03:23:38 · answer #1 · answered by Marky 6 · 0⤊ 0⤋
Why should there be ?
Well, it's possible that the rising Interest rates and inability to increase rents will push some of the 'buy to let' owners into selling up at any price . and some Banks/Building Societies to repossess ..
.. but there is still massive demand at the current price from 'first time buyers' ... so, I'm going to suggest, house prices will stay high ..
2007-06-27 04:09:30 · answer #2 · answered by Steve B 7 · 0⤊ 0⤋
Well a crash has been expected for some time now , so maybe
2007-06-27 08:59:36 · answer #3 · answered by Stephen A 4 · 0⤊ 0⤋
no. as more eastern europeans arrive looking for houses and until muslim countries tackle there high birth rates which lead to poverty and lack of work, these people will keep coming and will need to be housed.
2007-06-27 03:29:03 · answer #4 · answered by Abdul 5 · 0⤊ 0⤋
None so you are on a loser if you are thinking of waiting before buying!
2007-06-27 04:07:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋