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To everyone who said the housing market would crash by June.

129 replies

BridgettJ · 29/07/2020 15:04

LOL.

Its gone through the ROOF!

OP posts:
mountains76 · 06/12/2020 10:41

@weepingwillow22

The proposed changes to capital gains tax, coupled with the end of the stamp duty holiday and rising unemployment will impact next year. I think a 10 - 20% crash is likely by the end of 2021 if they go ahead with these changes and in the absense of continuing support.
assuming you're correct (which you're most likely not) i would hardly call a 10-20% fall a crash!
Didyousaysomethingdarling · 06/12/2020 11:56

@Werk, @WeepingWillow I think Landlords are already selling up in anticipation of a CGT change. If it does come to pass, most landlords will hold rather than sell, it's likely that if implemented, it will be with immediate effect, otherwise the government will have one hell of a homeless problem to contend with.

Didyousaysomethingdarling · 06/12/2020 12:02

You can tell approximately how many are ex rentals in your area by using www.primelocation.com/ and checking the chain free option in the filters and keywords box. Although some will sadly be probate sales.

Jhonnywick · 17/04/2021 07:49

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