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Old 24-05-2004, 15:40   #27
Pierre
The Dark Satanic Mills
 
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Join Date: Dec 2003
Location: floating in the ether
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Re: housing crash 'could happen'

Quote:
if you intend to buy a house now just remember this... the best time to buy is at the bottom of the market not when it's at the top.
Another saying is

Quote:
A house will never be cheaper than the day you buy it
There is always a very slight risk of negative equity, if there was a crash. But it is a slight risk, also there has to be crash. I'm not convinced there will be one. A slow down yes. But that just means property prices wont rise as quickly. It's unlikely that prices will drop.
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