The Property Market in the New Year

 

Being a BMV property investor at the moment is not an easy job. There is a lot of uncertainty in the market and many contrasting views making the whole situation quite confusing depending on where you get your information.

The main contrast in views at the moment are surrounding whether prices will rise early next year or fall. Some say that we have seen consistent rises over the last several months and there is no reason why they should not continue, with the caveat that the Christmas season is notoriously slow so the rise may not be as large. On the other hand others are saying that the current house price rises are being fuelled by lack of supply in an already poor market.

However there is one point that most of the experts agree on and that is the UK property market is not going to recover any time soon. They seem to all agree that it is going to be a long hard slog. The future of the property market for not only BMV property investors but for everyone else rests on rise or fall of interest and unemployment rates as well the financial markets stability.

Large retailers are still going bust which doesn’t help matters. The other day I heard about Borders going into administration, which is a pity as it is one of my favourite shops. Not only this many fear that government might have to cut jobs in the public sector and apply for an IMF loan, which really is hitting a low and will no doubt affect public sentiment.

Related posts:

  1. 2009 was a good year for below market value investing
  2. UK BMV Property Market.
  3. Investing in Property in 2010
  4. Should I Invest in Property?
  5. UK BMV Property

 

Discussion

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