AIBU to think that following the lockdown there will be a lot of people looking to move house and area?

[Strangerthanstrange]

I think there will be a lot of people who will look to move to be closer to family, to get a bigger garden or to live in an area with easy access to wide open space and beaches. I think it will change what we perceive as valuable. If the house prices tumble they might not fall in the way that they have done in the past.

MN both complains about unaffordable house prices and panics about price drops. Which leads me to think that MN complains about everything.

The flip side to that Howaboutanewname is that there could be a surge of people having come into inheritance at a higher rate than usual, keeping prices high.

I don't think it will be deaths that affect the market more the associated recession, plenty of people won't go back to spending as they were even if their disposable income hasn't been affected & the rise in remote working.

mencken ... or that in MN there is a mixture of posters, in different circumstances wrt the housing market. Much like society. MN isn’t one Uni-mind, is it?

I was reading an article in the paper today which was suggesting that working from home is going to become much more acceptable to a lot of employers now that they have had it forced on them or at the very least partly WFH and partly office. With that in mind people don't need to think about where they live from a work point of view when that is taken out of the equation.

Mencken, MN isn’t one person.

I used to occasionally regret moving from a trendy Manchester suburb to a Peak District ex mill town. I am currently very happy with that choice!

@peccary

We sold a flat in a trendy Manchester City centre location and our forward purchase fell through, so we are currently renting and wondering if it was actually for the best.

We are living in the suburb we wanted to buy in but I’m so missing our Peak District walks, it’s been perfect weather for a long hike too. Half thinking of looking at some of the closer to Manchester towns out that way.

Mencken, MN isn’t one person.

A fact that eludes a surprising number of people.

With the numbers of older people dying, you have to assume a significant amount of property will be coming on to the market from that perspective.

Not necessarily, depends on whether they were on their own. And even if they were you tend to find (in my experience) that people selling deceased relatives houses are often keen to hold out for the maximum amount possible, so can be quite unreasonable in their pricing and can hold out for what they want

Don't forget the shit-storm that is Brexit that is coming.....that will prevent a lot of people putting their homes up for sale.