tag:blogger.com,1999:blog-2875915890415125655.post6768968706573061233..comments2023-05-18T10:37:34.608+01:00Comments on <a href="http://www.retirementinvestingtoday.com">Retirement Investing Today</a>: Look further than the press releases – UK Property Market – August 2010 UpdateRetirementInvestingTodayhttp://www.blogger.com/profile/03088383743670046657noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2875915890415125655.post-78083388235078427952010-09-17T17:24:06.315+01:002010-09-17T17:24:06.315+01:00Hi TI
Like you I have also been renting for a lon...Hi TI<br /><br />Like you I have also been renting for a long time. 10 years in my case. This has not always been because of affordability. Originally it was because I wanted the freedome of movement. Only in the past few years have I actually wanted to buy but graphs like those that I displayed above keep me out of the market for now.RetirementInvestingTodayhttps://www.blogger.com/profile/03088383743670046657noreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-52485382605145140602010-09-16T20:48:11.218+01:002010-09-16T20:48:11.218+01:00As the markets get back to the level I consider fa...As the markets get back to the level I consider fair-ish value for the outlook (maybe 10%-20% more to go, absent big earnings revisions upwards) I've been idly looking about the property market in the past few months and wondering if I should finally by somewhere.<br /><br />I'm now into my 15th year of renting post university. 60% through a mortgage, which would be nice even ignoring theMonevatorhttp://monevator.comnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-71220017643837701442010-09-08T06:37:16.779+01:002010-09-08T06:37:16.779+01:00Hi UKVI
Thanks for highlighting the SLS. I've...Hi UKVI<br />Thanks for highlighting the SLS. I've been watching that also. I'm wondering though if the government are just talking big at the moment but once they see they lending shrink (which I'm sure the banks will also make sure happens while leaking plenty of details to the press about how the government is damaging the mortgage market) then they will panic and will create a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-91219781706327355022010-09-07T20:18:33.368+01:002010-09-07T20:18:33.368+01:00If you're looking for something to bring the h...If you're looking for something to bring the housing market to its senses, you could do worse than note the end of the BOE special liquidity scheme in January 2011. The CML has said that there is a £300bn mortgage funding gap that only the liquidity scheme is holding at bay. When that goes mortgage lending may shrink further (collapse?) and get more expensive at the same time.UK Value Investorhttp://www.ukvalueinvestor.comnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-76258392359862602522010-09-06T16:29:39.809+01:002010-09-06T16:29:39.809+01:00Hi Salis Grano
I also agree that it probably won&...Hi Salis Grano<br /><br />I also agree that it probably won't conform as in addition to your good points the market is so distorted. The policy makers also have probably not finished dabling in the market yet. Once prices do start to fall (or IMO simply readjust to fair value) they will I'm sure panic yet again.<br /><br />I'm not so sure about the trend always being upwards howeverAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-2875915890415125655.post-9168104337184372382010-09-05T20:01:48.982+01:002010-09-05T20:01:48.982+01:00Hi RIT,
I'm not sure that house prices will c...Hi RIT,<br /><br />I'm not sure that house prices will conform that closely to Rodrigue's graph, but frankly any excuse to show it is always welcome! I do agree, however, that house prices must fall, but I suspect it will be a ragged, drawn out affair.<br /><br />Over the past year, low interest rates and public sector employment have prevented a flood of repossessions, but this will KoRhttps://www.blogger.com/profile/11163824542900298686noreply@blogger.com