When will the bubble burst?
Discussion
As repeated in many other posts until inflation and interest rates increase, or something more major happens...prices will rise. Why...because cash is cheap, investment opportunities are everywhere and stocks etc are still giving good yields. Property is somewhat risky but classic usable cars unto around £300,000 are still easily sellable and highly usable....with no capital gains tax. If this changes and who knows what will happen after May in the UK.....prices may come back down.
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