House sales in the UK will collapse this year as the coronavirus pandemic puts the property market into deep freeze. But prices will fall by only 3% and will rebound next year, according to global consultancy Knight Frank.
Hmm if we are not careful, as before the press will talk down our house prices.
About bloody time, we can't sell each other the same product over and over. We need to start making things again.
Houses are way over priced and need a downward correction , also the rental market might well collapse as east Europeans go home .
Covid_19 is a pandemic and a concern around the globe Economy will slowdown at times of war and famine. This is expected. Logical The permanent house for those laid rest will go up covidiots This shall come to pass and may we emerge stronger and more resilient
As soon as people can start buying houses again after the lockdown ends, they’ll go right back to where they were. Only way this doesn’t happen is if the national economy is ruined completely, which the government can’t afford to let happen. They’ll continue to prop the bubble up
Did they manage to forecast their own profit fall? If there is no demand, there can be no increases only falls. That is how a market works.
Will work out well for Chinese cash buyers.
Look at there mentality Same issue different presentation Same on you
The whole real estate market was much too hot.
Look, housing is a basic human right. They ought to have property rights consigned to the state and distribute that equally so there's not a boom/bust cycle with predatory house-flipping and slum lord rentals. Coronavirus isn't ruining markets, it's showing what's wrong already.
It's obvious house prices will collapse again.
QueenElizabeth said We will succeed and that success belong to everyone of us...QueensSpeech coronavirus