John, the mortgage default certainly is the issue.I completely agree with you where foreign investment is concerned.But foreigners are only interested in high value assets like multi million pound London properties.I shouldn't think there are a lot of Chinese investors queuing up to pour their money into a two bedroom terrace home in bradford with a £20k pricetag.As I said, when interest rates rise by a couple of percentage points, a lot of people will not be able to afford the mortgage repayments and will put their homes on the market.As more homes are put up for sale, prices will drop and people will find themselves in negative equity stuck ith a house they can't sell, and can't afford to pay the mortgage.This will end with the mortgage company repossessing the property and selling it for what the market will pay, usually much less than was paid for the property leaving the mortgage payer with a huge balance left to pay.These repossessed houses will further depress the market.

Entire Thread

Topic	Date Posted	Posted By
Property Price Crash	30/10/15 08:38:00	Adrian Irving
Re:Property Price Crash	30/10/15 10:09:00	Andy Pease
Re:Property Price Crash	30/10/15 10:56:00	John Keeler
Re:Re:Property Price Crash	30/10/15 11:14:00	Ann Williams
Re:Re:Re:Property Price Crash	30/10/15 11:48:00	Cllr Sam Hearn
Re:Re:Property Price Crash	30/10/15 11:46:00	Ken Munn
Re:Re:Re:Property Price Crash	30/10/15 18:01:00	Keith Iddon
Re:Re:Re:Re:Property Price Crash	31/10/15 16:57:00	Anne England
Re:Re:Property Price Crash	30/10/15 11:52:00	Andy Pease
Re:Re:Re:Property Price Crash	30/10/15 12:52:00	Ann Williams
Re:Re:Re:Re:Property Price Crash	30/10/15 13:31:00	Peter Millman
Re:Re:Re:Re:Property Price Crash	30/10/15 13:37:00	Adrian Irving
Re:Re:Re:Re:Re:Property Price Crash	30/10/15 16:08:00	Ken Munn
Re:Re:Re:Re:Re:Re:Property Price Crash	31/10/15 13:36:00	Brian Coyle
Re:Re:Re:Re:Re:Re:Re:Property Price Crash	31/10/15 15:55:00	Will Watson

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