We reveal the areas where house prices are likely to rise in 2012.
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Speculation about the UK property market is rife at this time of year, as experts try to predict the prospects for prices for the year ahead.
But there is a great disparity in views ranging from those who think the market's resilience in 2011 shows a confidence in bricks and mortar, to those who expect price falls and a deepening of the north-south divide.
While only time will tell what 2012 will bring, there are plenty of places which have the potential to thrive in spite of the current uncertain climate.
We've scoured the country to find the potential hotspots for 2012.
there has to be a correction between the price of houses and the salaries and wages of those trying to buy. It is now not possible to buy an average family home on an average wage - the repayments and deposits are out of reach for most people. Those who say that prices will continue to rise are missing the main economic point - that as our economy continues to stagnate, skilled people will migrate and economic immigrants return to their countries of origin.
Salaries will continue to fall in real terms and inflation is the weapon of choice of the government. reduced wealth for all will mean that less and less people will be able to buy a home - this will cause a surplus of homes - we already have 350,000 empty homes - so house price inflation is a result not of demand but of a malfunctioning market.
Property is a bad investment vehicle - it adds nothing to the growth of the economy, rather the reverse - buy a home to live in - not to flog on to someone else at an inflated price to subsidise your retirement!
Whith so many mp,s and so members of the house of commons owning and claiming for so many houses ,can you realy see the market collapsing? really? REALLY? oh come on. They have a vested interested in the market.lol lol lol , give us e break lol.
I own three houses ,one of which has 13 yes 13 rooms,and i know i live in one of the most corrupt capatalist countrys in the world, GOD I LOVE THIS ENGLAND. Thank you mrs Thatcher, THANK YOU FROM THE BOTTOM OF MY HEART LOL!!!!!!!!!!!!!!!
House prices will continue on an upward spiral, there will always be short term peaks and toughs but simple economics dictate that bricks and mortar will continue to be the safest investment.
We are an island with limited space, we have a population that is increasing year on year and a real shortage of housing already and no sign that house building is increasing to keep pace let alone make any dent in the shortage.
Whilst there will always be regional variations house prices are only going one way and Governments have no need remove stamp duty, it is a cash cow and right now they need the cash.
