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Has Coronavirus officially killed the housing market?


JoeDavola
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Post-Covid, what 3 changes are you going to try to make? (max 3)  

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Chewing Grass
3 minutes ago, JoeDavola said:

Annual rise in Northern Ireland house prices is biggest in 14 years

https://www.bbc.co.uk/news/uk-northern-ireland-59322025

 

Annual rise in Northern Ireland wages is biggest in 14 years.

Annual rise in Interest Rates biggest in 14 years.

Annual rise in Fuel Prices biggest in 14 years.

Annual rise in Food Prices biggest in 14 years.

Hmmm.

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Bus Stop Boxer

I'm not seeing rises.

I'm seeing nowt selling, reductions, and fallings through. The fallings through are defo gaining momentum.

Nth Dorset environs.

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Wight Flight
7 minutes ago, TheNickos said:


452sq ft ? Mental

But it does have inspirational messages on the kitchen cupboards.

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AlfredTheLittle
On 17/11/2021 at 20:35, Wight Flight said:

Surrey.

Dropped from £350k to £300k.

https://www.rightmove.co.uk/properties/112235171#/?channel=RES_BUY

Both prices are mental.

£300k seems to have become the house price floor anywhere in the South. I'm not really seeing much for less than that, anything tiny / needing lots of work / on main road / just generally crap is on for £300k, even if it sold for less than £200k a couple of years ago.

I guess it's 'affordable' for couples where both are earning £40k and panicking, hence anything can sell at that price

 

 

Edited by AlfredTheLittle
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sarahbell
22 minutes ago, AlfredTheLittle said:

£300k seems to have become the house price floor anywhere in the South. I'm not really seeing much for less than that, anything tiny / needing lots of work / on main road / just generally crap is on for £300k, even if it sold for less than £200k a couple of years ago.

I guess it's 'affordable' for couples where both are earning £40k and panicking, hence anything can sell at that price

 

 

Do refugees and migrants not stay there?

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AlfredTheLittle
1 hour ago, sarahbell said:

Do refugees and migrants not stay there?

Yes I guess either a  couple mortgaged to the hilt, or a landlord who can let the house to sharers, including refugees. Either way, I get outbid because I'm single whereas others can split the cost, I suppose that's fair enough when you think about it. 

 

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