Re: Who's opinion would you trust most out of this lot?
>The only reason house prices would fall is if interest rates shot up. The only reason that would happen is to defend a run on the pound. The reason that won't happen is that Brexit is already priced in to the pound now.
House prices would also fall if there was a sudden increase in the number of people that could no longer afford them due to like no longer having paid employment. If they can't afford the mortgage and struggle to find another job the options are:
1). Sell quick and move somewhere affordable, which means taking a lower price.
2). Repossession and auction, which means a lower price.
Great days for BTL landlords with plenty of cash perhaps, not so great for the housing market.