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July 10, 2007
House prices: top hotspots and the coolest
How house prices have been affected in the most and least popular towns and cities
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JJ obviously doesn't remember the house price crash of the early 90s when negative equity was ubiquitous. While booms tend to last longer than generally expected, markets always overshoot.
Arnold Ward, Weybridge, Surrey, UK
Housebuyers are only a small part of the housing marketplace. Perhaps it is time pressure should be brought to bear on housebuiders who are profiteering on the back of the property market and the lenders whose standard variable rates currently include a 34% profit margin (7.75 SVR compared to 5.75 BOE base rate).
Seems the housebuyer could be treated more fairly by big business.
DB, Stourbridge, UK
IM SO TIRED OF READING ARE WE HEADING FOR A CRASH
IN THE PROPERTY MARKET, 10 YEARS AGO IT WAS THE SAME TIRED OLD DRIBBLE AND IM SURE IT WILL BE THE SAME IN 10 YEARS TIME .
PUT SIMPLY WE LIVE ON AN ISLAND WITH A BIG POPULATION AND WITH LAND /BUILDING PRODUCTS/LABOUR /PLANNING ALL EXPENSIVE QUITE SIMPLY EXPENSIVE HOUSE PRICES ARE HERE TO STAY EVEN IF LABOUR BUILD ANOTHER 3 MILLION HOUSES BU Y 2020 OUR POPULATION WILL HAVE GROW ALMOST THE SAME BUY THAT TIME.
J J, london, uk