House Price Crash

Customer Reviews

Most Helpful Customer Reviews

19 of 19 people found the following review helpful:

5.0 out of 5 stars Reality Hurts, February 12, 2006

By	Bobed (London, UK) - See all my reviews

Do you ever ask the questions: why are house prices so high, how did they get so expensive and how sustainable are the current prices?

Many assume that rampant house price inflation is a good thing and that everyone benefits. They assume that house prices never fall and that their "investment" is safe as houses.

What this site does is challenge these assumptions and exposes some of the tricks that the vested interests, i.e., estate agents, banks and the property makeover media, use in a continual attempt to ramp up prices primarily for their gain.

The site is essential reading for any home buyer who wants to be more educated about the housng market cycles and other economic cycles too. It is also esential if you want to get a bargain home rather than accepting the advice of the vested interests.

It is biased in favour of house price reduction but if you're tired of hearing that you'll need to save up for 5 years for a deposit (live life in misery), you'll need to inherit money (knock off your rich parents) or buy with friends/strangers (risk relationships or move in with a psycho) then you'll find the site a refreshing alternative.

16 of 16 people found the following review helpful:

5.0 out of 5 stars Great site for the other side of the picture, February 12, 2006

By	A. Wright - See all my reviews (REAL NAME)

I've become disillusioned with reading the daily papers about the state of the economy and the housing market. This site allows me to see what might actually be happening away from any spin by estate agents.

15 of 15 people found the following review helpful:

5.0 out of 5 stars Highly Factual and Lively Discussion, February 18, 2006

By	J. Coller (Shaw, Oldham) - See all my reviews (REAL NAME)

House price crash features most of the predictions made about house prices, both positive and negative. The graphs, along with links to the data sources, provide a clearer view of the property market than headline grabbing articles. The forum is highly active and it allows everyone to voice their view of the property market. Comments on the forum are unmoderated, but new forum topics from new members have some moderating. I would highly recommend reading all the information on this site, visiting other property websites and forming your own opinion before making the biggest financial decision of your life.