RE: Ready to buy more24 Jun 2023 06:13
Good morning All
Interesting scenario this!
House builders are building less to keep the price up, so new homes are not going down in price ( is this what we are saying) ?
So then that leaves the old houses ( not enough already) to be done up ( lack of labour) !
So then that leaves the houses maintained well and already lived in ( probably will not move to new home at the moment) !
So this leaves what exactly ?
A perfect storm!
Nobody can move, nobody can buy, no houses being built, no repossessions for twelve months and a million houses behind schedule, oh and more people every year needing homes!
What a dilemma:)))
I wish I was a builder, oh I am!
Good luck all, this share long term is as safe as houses!
No debt, a starved market and a country that’s been in recession for a few years and everyone knows it comes in cycles so probably two to three years and we will be coming out!
All in my opinion of course