Will house prices fall by 35%? Russell Quirk takes on Charlie Lamdin

Charlie Lamdin

The debate surrounding the direction of house prices remains split, with fewer analysts forecasting double-digit percentage falls in the short- to medium-term as the housing market embarks on the long road to recovery. But there are still some people who firmly believe that property prices will drop sharply over the next couple of years.

Early last year property commentator Charlie Lamdin said house prices would fall a record-breaking 35% peak to trough, over however long that takes, likely two-three years, and he stands by that forecast today.

The claim from Lamdin, founder of Best Agent and presenter of the Moving Home with Charlie YouTube and TikTok channels, has caused concern among some homeowners who face seeing the value of their property drop significantly. His views also frustrate estate agents seeking to talk up the market.

And so is Lamdin dangerous? Quirk certainly seems to think so, and calls him just that.

Quirk said: “He is preposterous in his pier-end prophecies of doom and, in fact, is dangerous in preaching to would-be home buyers whom think they’re getting sound advice but instead are being force-fed snake-oil by someone here that, as prices continue to increase, will cause them to pay much more for the eventual home they buy having sat on the sidelines – not less. I wonder if he will compensate them?”

So who  is correct? You decide.

Here is the the interview in full.

 

 

Is Tyron Ash for real?

 

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14 Comments

  1. If Carlsberg made Estate Agents…

    I don’t know anyone who listens to either of these two, anyway!

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    1. RussellQ

      You should get out more often. Meet more people.

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      1. purplepatchy

        What an odious little man you are Russell.

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        1. RussellQ

          Don’t be so jealous

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      2. jan-byers

        You should LOL

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  2. Simo

    It’s all about self promotion. The case just stack up. He clearly doesn’t know his stuff and should keep is caustic thoughts to himself as he is damaging the industry

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  3. Whaley

    ‘Let me finish’ – We’d still be here in decades…

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  4. Whaley

    Epic interview, there’s not enough emoji’s in the world to cope

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  5. Gangsta Agent

    Ladies & Gentlemen, thank you for coming to the circus and next, everyone favourites……………………………………the clowns

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  6. Yorkshireman

    I’d honestly have more faith in Mystic Meg!
    Pure attention grabbing headline to catch some PR to which Russell has obliged.

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  7. jan-byers

    Pair of jokers

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  8. Scottish_Mist42

    At least they put their faces to names unlike those on this forum who hide behind user names – and I include myself in that category.

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  9. LordLawrence

    Lets get this right from the home moving trends report from 2023 when they survey 10,100 buyers and sellers the biggest survey in the industry and what they want

    Question Asked

    1. WHAT INFLUENCES THE DECISION TO APPOINT ONE AGENT OVER ANOTHER?
    84% Trust
    53% visited the agent’s website.
    63% would pay a high fee or an agent tied to a regulating body.

    2. WHY DID YOU CHOOSE YOUR SELLING AGENT?
    43% Felt confident in their ability to market my property.
    41% Like and trusted them.
    36% They had a good reputation.
    36% They had good market knowledge.
    35% Pleased with their valuation of my property.

    Lets listen to what the clients want and not what we make up and if you want amazing knowledge and insights to help you grow your business I recommend speaking to the property academy

    All the above information is from the home moving trends 2023 as part of the property academy.

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  10. PropertyPilot

    Yes, but Charlie has a tendency to bust ATZs and controlled airspace so I think he just has a tendency assume that things will go bust – including house prices!

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