| Comment | The same was said in Vancouver a years back before properties went up into crazy valuations. People were selling as "this can't go higher" and guess what, they did, they did a lot.
Maybe you are right but maybe not, nobody knows for sure. There is a serious shortage of houses in Glasgow (in most of the UK in fact) and Glasgow prices are still relatively low comparing to South of England (or even to Edinburgh) and Glasgow is on its way up (and has been for a few years already). Add to this record low interest rates and even COVID situation will not hold prices down much for long.
My opinion is that it is better to keep a property rather than sell. If properties will go down, the difference between my flat and more expensive flats will decrease so it will be cheaper for me. If properties go up, the gap increases but not as much as in case of not having a property. |
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