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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think it's a bad time to buy a house...

27 replies

liebstraumNo3 · 08/12/2016 20:41

With DS nearing the time he will buy his first house having saved for the past six years for a deposit AIBU to think he should wait until Brexit is more of a known quantity. I believe house prices will drop drastically over the next few years. I don't want to see him in negative equity. I think he should wait and continue saving until this has all blown over one way or another.

OP posts:
SixthSenseless · 08/12/2016 23:33

And two or three years rent is how much? Because if he rents rather than buys that money may equal any house price drops.

liebstraumNo3 · 09/12/2016 00:19

This is all actually very reassuring. Maybe I have been hasty advising him to wait. He will be about 80 miles north of London where 180 is a challenge but possible.

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