WILL HOUSE PRICES RECOVER?
SIMON OGILVIE-HARRIS | CHAVIN JEWELLERY
“House prices are going down. The economy is bad and there is less credit in the system. If there is less credit then less people will buy, and they are being more frugal and cautious in investing anyway at the minute.”
NIA TRINH | EUROPEAN LOAN TRADING
“Prices are either going to stagnate or come down, though London may be an exception as prices behave differently. The wider economic situation is to blame – it is probably not a good time to invest.”
ROBERT JOHNSON | NEW ECONOMIC THINKING
“Down is more likely than up for the time being until unemployment falls. It may be a time to buy in a good location, though – they are always scarce, and you can lock in a low price for the next 30 years.”