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  • A lot of the house price crash loons reckon things are going to dip by 30-50pc.

    In some areas that could possibly happen. however in areas backed by strong rentals (like London) I cannot see that happening.

    If you need somewhere to live and can afford it, buy it but make sure you have a plan B i.e you could rent out a room, extend the term or borrow money off your folks if the shit hits the fan and you lose your job or whatever. I think it could be a rocky next year or two until rates start to retreat.

  • Which pushes people into negative equity area and then they aint gonna sell, unless the bank takes it and then they down give a fuck. The houses over the last 4 years have got insane and it needs a real dead end to bring things back down.

    Its a lose lose unless you need to sell.

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