The market is set for a downturn, are you worried about your property value? Are you a first-time buyer struggling to get on the property ladder? Who do you think is to blame for the high cost of housing in the UK? What do you think will happen to the market during 2008?
spare a thought for for us estate agents..if it carries on at this rate one of my aston martins is going to have to go...
The housing market needs to fall much further. The price of property was far to high. The price of houses started to outpace reality when the building societies started to take womens salaries into consideration. My bungalow was bought with a morgage of two and half times my salary (my salary not my wifes.) £2500 in 1966
John from East Midlands. well sayed John.
its only really a worry if you havent already got a property and r trying to get on the ladder,those with houses are prob not worried as their property is going up in value and if you add on lofts etc you can increase the value of your home even more.
Thankfully,no.I rent,dead money people used to tell me all the time.Now I look a them with their negative equity,and paying a small fortune to repay on a property that,s not worth a fraction of what they paid originally,the grey hairs,approaching coronaries and nervous breakdowns of greedy sods who see a house not as a home,but as an investment.I am thankful,I have no millstones around my neck.
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