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| Real Estate Owning property is still the hottest and most publicized form of flipping and profiting from your own investments. Use this forum to discuss strategies in real estate and land development as well as assess the current housing and market situation. |
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What is going to happen to the housing market in the UK in the next 5 years?
I would like to know what would be the best kind of investment over the next five years (would'ent we all!) housing stocks and shares or savings.
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No one knows! We don't know what's around the corner, just look at the recent flooding for example. Now there are thousands of people living in areas vulnerable to severe flooding. Many will be wanting to sell up and move but who would buy their property? Also there is the factor of higher insurance on properties. We will have to wait and see if this has a knock-on effect on house prices nationally or locally.
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House prices will drop or sales will slow right down. Commodities will rise, this means oil (up to $100 a drum predicted) , precious metals and also soft commodities.
Soft commodities are grains and other raw foods and dairy products not to forget orange juice etc. The reason for increase is down to the needs of China. Some weather has also had an influence in terms of floods and heatwaves destroying crops. Our shopping in general will increase by Septemeber this year, for all the above reasons
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I think it's tail off, it cant continue loike this. I have made £120k in 10 years on my little 2 bed house.
I'd not bother buying a house at present, wait until prices stop rising so much, you could end up with negative equity
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