Thread: Buy to lets
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Man at B&Q Man at B&Q is offline
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Default Buy to lets

On Nov 8, 3:04 pm, Anita Palley wrote:
On 8 Nov, 13:35, mogga wrote:

www.housepricecrash.co.uk


Beware! That place is a support group for the dispossessed, not a
place for rational analysis of the housing market. A considerable
number of them sold up in 2003 and have been calling a crash everyday
since. I'd put about as much credence on their opinions as I would on
Foxtons.

PWC produce monthly roundups of the whole British Economy which are
pretty comprehensive, and rather better informed. Latest one is here,
see pp.22-26 on the housing market. Their "central" prediction is slow
growth. Their worst-case (5% probability) scenario is not a disaster.http://www.pwc.co.uk/pdf/uk_economic_download_nov07.pdf


House prices aren't the only issue here though. You also have to
consider the rental returns (which are suffereing) and whether your
money would be better somewhere else.

MBQ