Big whine-thread

[Evangelink]

(2012-03-29 21:08:21)Guy (Boratto?) Wrote:  just thought i'd chime in and say buying a house right now is a terrible idea. property was the bubble that caused this recession. big money won't be speculating on property any more and that means as soon as the government can no longer afford to keep the property market afloat (won't be long now imo) house prices will take a real nosedive.

Like Aidan, I'm stil a way from actualy doing it, probably another year, but thanks. The governments new schemes certainly seem aimed at keeping the new-build market moving Two questions for you sir-
1. Are we in a 'property bubble' at the moment? Prices don't seem '08 crazy?
2. Is the risk on properties in a London postcode the same as for the rest of the country?

Perhaps should understand the uk property market a bit better. I could probably talk for longer about the economy of South Sudan than I could the UK, which seems stupid.