Housing Market

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By (user no longer on site) OP
over a year ago

House sales/prices have gone crazy recently where we are since they announced the stamp holiday.

Anyone else think there has to be a slump coming once the holiday ends ? Or have we all underestimated the strength of the economy ?

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By (user no longer on site)
over a year ago

"House sales/prices have gone crazy recently where we are since they announced the stamp holiday.

Anyone else think there has to be a slump coming once the holiday ends ? Or have we all underestimated the strength of the economy ?

They wont crash, they'll level off towards the end of the year and hover 5% increase/decrease around mid next year we'll so a steady rise again. Its been a fantastic time to buy the past few year have.

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By (user no longer on site) OP
over a year ago

Yeah I can’t see a crash like some are saying. I think the stamp holiday is fueling demand massively. People who perhaps were only thinking of moving are all getting in on it. It’s a false discount though as IMO you are paying higher prices because of it thus negating the stamp discount. It’s definitely a sellers market out there at the moment

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By (user no longer on site)
over a year ago

The thing with derby is the massive massive infrastructure & investment from large companies. I bought a handful of rentals in longeaton 5 years ago when the plans for hs2 were released and the plans were granted for the massive project atm east midlands airport with amazon and all the other large companies that have created a 'hub'. No one wanted to live in longeaton... prices have nearly doubled in 5 years. The only way is up around here for prices

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