Why do we bother listening to predictions like this. Lloyds don’t know. If they actually offered some special insight then they wouldn’t be publishing it for everyone to know.
I hope they’re right. I’m a homeowner and I suppose it might not be great for the value of my home, but I bought it to live in, not as some sort of investment to make a profit.
Feels like banks and other putting pressure on govt to do something. Surprised by negative sentiment by all of them. Even RM and zoopla. Usually they frame negative news as positive.
Interested to see what they do in budget. They can’t give public workers suitable pay rises but will probably try to stop the bleed in house prices. I predict strikes will heighten if they do that.
Well given the GBP is directly linked to house prices nobody can afford much of a drop in house prices.
The GBP is lready on its way to banana republic, a crash in house prices would be the end of the GBP
House prices in London are crackers, abso cracker jackers.
The prices won’t fall for long in Tamworth because Labour’s new MP campaigned to prevent new housing being built during her campaign.
Red NIMBYs.
Not really that shocking. In 2025, the last of the people who got low interest mortgages in 2020 will be coming off their fixed term.
That’s good, I’m hoping to buy my first home next year.
8 comments
Why do we bother listening to predictions like this. Lloyds don’t know. If they actually offered some special insight then they wouldn’t be publishing it for everyone to know.
I hope they’re right. I’m a homeowner and I suppose it might not be great for the value of my home, but I bought it to live in, not as some sort of investment to make a profit.
Feels like banks and other putting pressure on govt to do something. Surprised by negative sentiment by all of them. Even RM and zoopla. Usually they frame negative news as positive.
Interested to see what they do in budget. They can’t give public workers suitable pay rises but will probably try to stop the bleed in house prices. I predict strikes will heighten if they do that.
Well given the GBP is directly linked to house prices nobody can afford much of a drop in house prices.
The GBP is lready on its way to banana republic, a crash in house prices would be the end of the GBP
House prices in London are crackers, abso cracker jackers.
The prices won’t fall for long in Tamworth because Labour’s new MP campaigned to prevent new housing being built during her campaign.
Red NIMBYs.
Not really that shocking. In 2025, the last of the people who got low interest mortgages in 2020 will be coming off their fixed term.
That’s good, I’m hoping to buy my first home next year.