Before lockdown we had our eye on a particular house and plot with a builder near by.
The plot hadn't been released yet but we were willing to wait it out.
There has obviously been lots of chat about a recession and house prices being hit but I feel like builders setting prices for their houses is a bit different from someone selling on the home they already live in.
Will builders have to drop their prices or will they be able to keep them up if no one wants to sell their home while the market is depressed?
Will there be fewer buyers because of personal circumstances?
Houses and prices were not something I was aware of back at the time of the credit crunch so I don't even have that to compare. Did prices drop then?
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AIBU?
To ask what will happen to new build prices?
11 replies
ladymary86 · 12/06/2020 08:56
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