Interest rates are the key indicator. In the UK in particular, we can see insanely low mortgage rates. It's a joke. So of course it can push prices up. But keeping rates at this level requires central bank intervention. That's a ticking time bomb.
RE: THIS is When You Know That the Housing Bubble is Ready to Pop!
You are viewing a single comment's thread from:
THIS is When You Know That the Housing Bubble is Ready to Pop!
We fell off the ladder in 2009 (health & unempolyment issues) after 8 years of home ownership and we barely made any money off the sale to pay the mortgage debt off. Here we are in 2017 and my wife is keen to get back on the ladder and so far I'm currently managing to hold her back lol.
I'm trying to convince her to exit the 'system' and live a self-reliance lifestyle in the South West of England .................. not much luck at the moment.
Resteemed :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's what I want too. A greenhouse, solar panels, etc. All the good stuff from nature.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit