First, A Few Questions
Posted by admin Mon, 12 Nov 2007 23:16:00 GMT
When thinking about the housing market, there are several common interesting questions that crop up. Some of these are given below:
- Is there a housing shortage?
- Is housing the best investment?
- Will house prices always rise in the long term?
- Is housing a good choice for a pension?
- Is renting a waste of money?
- Should a house be a home, or an investment?
- Is it possible to "miss the boat" or be "priced out forever"?
- Would a fall in prices only affect lower quality homes?
- Would a fall in prices cause buyers to immediately jump in for bargains?
- Can prices fall without the high unemployment or high interest rates of the early 1990's?
- If prices were to fall, would the government "let it happen"?
- Is it always cheaper to buy a house over the long term?
- Are rising house prices a good thing?
- Will the so-called "sub-prime crisis" affect the UK market?
- Is sub-prime an insignificant portion of the UK market?
- Are the UK and US housing markets related, or completely different?
- Can interest rate cuts save the housing market?
The answers to the above questions are complicated and in many cases surprising. The answers to each will be visited, in turn, in the coming weeks.
