You are reading a single comment by @NickCJ and its replies.
Click here to read the full conversation.
-
My personal suspicion (based on not much) is that the supply will be stagnant but prices may not be hugely impacted.
Plus, having rented for 10 years and owned for 10 years I'd find it difficult to go back to bellend landlords, renting and all that comes with it and would be willing to take a hit to avoid that.
Yes, the return is fairly minimal. Realistically any substantial return would only come from property prices increasing.
The main reason I'm considering pushing this through now is we have a baby on the way in a few months and would prefer to be out of the flat and into a house at that point (or soon after). I suspect that if we don't move soon then the likely stagnant property market and lack of first time buyers could mean we may not be moving for a number of years.