thing is, if you don't need to sell, doesn't matter if prices fall
just ride it out.
Negative equity is only a f**ker if you want/need to sell.
Over time the price is almost certain to rise to get one out of negative equity
Posted By: South_West_Canary on November 18th 2013 at 21:57:54
Message Thread
- PM ecomomist geeks (General Chat) - SCC 28, Nov 18, 19:55:31
- thanks all (n/m) (General Chat) - SCC 28, Nov 18, 21:47:36
- I wouldn't put off buying in the hope that prices will crash (General Chat) - South_West_Canary, Nov 18, 21:50:40
- thing is, if you don't need to sell, doesn't matter if prices fall (General Chat) - South_West_Canary, Nov 18, 21:57:54
- and as for % rise fear, fix at what you can afford for as long as possible (General Chat) - South_West_Canary, Nov 18, 22:00:52
- Very much this. Great advice. (n/m) (General Chat) - Mark Barham, Nov 19, 07:59:34
- and as for % rise fear, fix at what you can afford for as long as possible (General Chat) - South_West_Canary, Nov 18, 22:00:52
- more the fear! (n/m) (General Chat) - SCC 28, Nov 18, 21:53:27
- thing is, if you don't need to sell, doesn't matter if prices fall (General Chat) - South_West_Canary, Nov 18, 21:57:54
- I wouldn't put off buying in the hope that prices will crash (General Chat) - South_West_Canary, Nov 18, 21:50:40
- If you want my advice.... (General Chat) - protheroe fitzgibbon, Nov 18, 20:55:35
- Buy a house in Doncaster. Don't live there obviously, (General Chat) - tudders, Nov 18, 20:42:39
- London will boil over (General Chat) - Cannydc, Nov 18, 20:28:20
- Sounds like somebody is desperate to get on the market and is praying for a slump? (n/m) (General Chat) - JoeyDeacon, Nov 18, 21:12:18
- ... (General Chat) - Chris Peacock, Nov 18, 20:22:56
- Pretty stable for the next 18 months (General Chat) - wgf500, Nov 18, 20:19:47
- IMHO yes to interest rate hike and an oil shock in the next 5-10 (General Chat) - Tony Martin, Nov 18, 20:04:52
- 5-10 years (n/m) (General Chat) - Tony Martin, Nov 18, 20:05:10
- Not an economist but I think there will be consolidation in the housing market (General Chat) - Men without hats, Nov 18, 20:02:20
- Don't reckon rates will change much (if at all) over next 12-18 months. (n/m) (General Chat) - Since1902, Nov 18, 20:05:16
- thanks all (n/m) (General Chat) - SCC 28, Nov 18, 21:47:36
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