Owning your own home

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aggi in reply to @nankatsu

She suggested the smarter move would be to sell now and rent, and wait to see what the market does.

People have been saying this for a long time.

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andyp in reply to @aggi

I can remember having discussions like this with younger colleagues almost twenty years ago; “We’re thinking of holding off buying now as prices are unsustainable and are sure to drop, and you don’t want to buy at the top of the market.”

I still think prices are unsustainable but a recorrection will be devastating for a significant part of the population.

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JonoMarshall in reply to @andyp

The most over valued property in the world + covid + brexit... it's hard to see the optimistic view unless wealthy people keep their cash in the UK and double down on landlording? Rent reductions/arrears makes that feel unlikely?

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