Thursday 11 August 2011

The X-factor set to destroy house prices - Walletpop UK

The X-factor set to destroy house prices - Walletpop UK

The house price roller coaster has been less of a white-knuckle ride over the last six months or so, and in most part of the country has been more of a monorail experience, chugging along on the flat, with a few bumps in the track.

However, a new report shows that we could be headed for the precipice again.

The age old question of how much your house is worth can always be answered in the same way: however much someone is willing to pay for it. And a new report reveals a major factor that could mean that figure is set to fall.

That factor is pessimism.

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