The Uk housing market boom or bust???? recommended reading
Friday, September 7th, 2007Buy the TIMES newspaper today (friday 7th September) and turn to the “bricks and mortar” section for a robust if slightly one sided debate and forecast about the Uk housing market. Most predict a slowdown, i for one predict a crash, prices will NOT go down too much as people strill need homes, but wait and see for 2008. hmmmm, maybe next year I will be able to afford to buy my own house instead of being at the mercy of buy to let landlaords. (without going into detail), over the past 7 years i have had to move 4 times as the landlord of each (who promised us a long tenancy) house decided to sell as the market was so good, so under UK tenancy laws, they only have to give 2 months written notice and we were booted out onto the street (almost). I would very much like to wipe the smile off their faces!!!!!!! In Spain, there is such thing as a “vivienda” tenancy which means you have a min of 5 years, so at least you get some sort of security.
Comments please………….

