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VVC-Geeza · 16th September 2021, 18:50

Following the huge increase in house prices over the last year (13% so I have read) I wondered what people's predictions are for the next 2-3 years. Will this Boom be followed by Bust as has happended on previous occasions?

The economy is still being artificially supported by Furlow,self employment grants,stamp duty holidays and sustained record low interest rates.Once these incentives have been removed and things return to "normal",will the housing market come crashing down?Personally I think it would only take one or two interest rate rises for some to find themselves overstreched and in difficulty.

What do you think?

16th September 2021, 18:50	#1
VVC-Geeza This is my second home 2005 Connoisseur SE 1.8 Turbo,2004 45 1.8 Connoisseur and my beloved 1998 VVC Coupe. Join Date: Nov 2009 Location: Derby. Posts: 8,790 Thanks: 2,022 Thanked 1,016 Times in 739 Posts	House prices. Following the huge increase in house prices over the last year (13% so I have read) I wondered what people's predictions are for the next 2-3 years. Will this Boom be followed by Bust as has happended on previous occasions? The economy is still being artificially supported by Furlow,self employment grants,stamp duty holidays and sustained record low interest rates.Once these incentives have been removed and things return to "normal",will the housing market come crashing down?Personally I think it would only take one or two interest rate rises for some to find themselves overstreched and in difficulty. What do you think? __________________