http://dofonline.co.uk/blogs/the-edge/economics/housing-the-bust-before-the-boom9283/ Richard Northedge takes on corporate finance Tue, 22 May 2012 05:06:12 +0000 http://wordpress.org/?v=2.5.1 http://dofonline.co.uk/blogs/the-edge/economics/housing-the-bust-before-the-boom9283/#comment-6 P T Houghton Wed, 05 Dec 2007 10:44:56 +0000 http://dofonline.co.uk/blogs/markets/housing-the-bust-before-the-boom/#comment-6 What about the large number of repossessed properties now coming on to the market - Banks etc cannot offload these quick enough and accordingly, in my area, there are properties which are available at 10 - 20% less than current market value - so arguably their prices cannot fall any further - making them a good investment for the buy-to-let purchser (providing there is a strong rental market), or the first time buyer, if they can get (or afford) a mortgage What about the large number of repossessed properties now coming on to the market - Banks etc cannot offload these quick enough and accordingly, in my area, there are properties which are available at 10 - 20% less than current market value - so arguably their prices cannot fall any further - making them a good investment for the buy-to-let purchser (providing there is a strong rental market), or the first time buyer, if they can get (or afford) a mortgage

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