Quote:
Originally Posted by SMHarman
A fall in house prices will not increase availibilty as it will mean many are unable to move due to negative equity, this could mean more buyers chasing the houses that are available sustaining prices. The moving pieces in such a puzzle are not so black and white (to mix metaphores)
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Well to be fair I did say it might not be so bad *for some*. As you rightly say some might be stuck in negative equity but the scenario I've been mentioning is of those in my situation - currently renting as house prices are just too high. Should prices fall to within my price range I'll be in an ideal position to buy as I'm not part of any chain. For years I've been priced out of the market - if this leads to me being given a chance then it's not something I'd consider to be all bad.