Is the housing market about to crash?

[Good Plan Ted]

Many properties on the market maybe stamp duty costs and new rental regulations coupled with EPP demands, now it appears the new RRB bill is winging its way through the House of Lords without any of the 300 proposed amendments.

https://propertyindustryeye.com/who-said-what-on-d...

[Ian Geary]

People were kicking around np&e waiting for the house price "reset" back when I joined.


Net zero (or not zero if you're TB) targets will be a massive shock to renters who will have to pay for it, followed shortly by a shock to their MPs when they realise they voted for it.


But the sheer scale of house demand vs supply means (to me at least) house prices simply won't crash


They've cooled slightly i think, but i imagine all the buy to let crowd (be they corporate buyers or chances who want their cash to "work" for them) will move in to hoover up dwellings if they become too cheap.

And i think mortgage restrictions will still freeze out many couples/famalies who would want to buy instead of renting, but just can't pull the cash together.

[redrabbit]

No

[MDMetal]

Suddenly everyone who needs a house won't need one? Seems unlikely, previous governments have shown they're unlikely to tolerate much of a crash either and would pump money in to stop it. As long as your not in the bottom 5-10% when it comes to mortgages you'll be as safe as houses....

[Countdown]

If there is would it be that bad?

[JagLover]

Countdown said:

If there is would it be that bad?

In terms of financial stability it would be better to have a long period of stagnation to allow incomes to catch up.