It’s when places you’ve never heard of and often wouldn’t stop in, even for snacks, become the ‘new property hotspots’ that you should be worried about The Bubble. It’s a sign that either a) price rises have peaked in the usual-suspect hotspots and/or b) those looking to make a few bob are having to cast the net rather more widely. I remember in the last couple of booms, London commuters started buying in Yorkshire and deepest Norfolk, for full-time living, not weekend pads. So either a) make hay or b) sit tight. Delete as applicable.
“UK house prices fall at sharpest rate for 14 years, says Nationwide”
As rehearsed many times, I’ve been a house price doom-monger for many a month. As with those who forever forecast a stock market crash, it was inevitable that I would eventually be right. Stopped clock syndrome and all that.
