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Old 28-07-2024, 09:47 PM #1
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Originally Posted by LeatherTrumpet View Post
what about your properties havent they increased dramatically since 2008?
Given that I was a 23 year old part-time cashier with a baby on the way in 2008, funnily enough I did not own property . I've only been seriously looking to buy for the last year or so.

Speaking of which...

I can say for a fact that houses are NOT still selling like they were a few years ago and prices are being dropped all over the place due to inability to sell.

It is thankfully becoming a bit of a buyer's market .
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Old 28-07-2024, 10:02 PM #2
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Originally Posted by Soldier Boy View Post
Given that I was a 23 year old part-time cashier with a baby on the way in 2008, funnily enough I did not own property . I've only been seriously looking to buy for the last year or so.

Speaking of which...

I can say for a fact that houses are NOT still selling like they were a few years ago and prices are being dropped all over the place due to inability to sell.

It is thankfully becoming a bit of a buyer's market .
There has also been a massive gap between what you can buy in Scotland and what you can buy
In the south of England

The property market down here is booming a house less than a mile away from mine gas just gone on for 4.8 million
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Old 28-07-2024, 10:40 PM #3
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There has also been a massive gap between what you can buy in Scotland and what you can buy
In the south of England

The property market down here is booming a house less than a mile away from mine gas just gone on for 4.8 million
Yes but there are whole areas where large portions of the property is bought up by investors (often foreign, surprising with so many Farage fans on the site that people would be happy with that) and they're either rented out for huge amounts or, increasingly, simply left sitting empty.

Genuinely, soaring property prices relative to average income/way above the rate of inflation may be a very good thing for property owners (if they ever intend to sell, otherwise it actually means nothing) but it's not a sign of a strong/stable economy.
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Old 28-07-2024, 11:23 PM #4
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Originally Posted by Soldier Boy View Post
Given that I was a 23 year old part-time cashier with a baby on the way in 2008, funnily enough I did not own property . I've only been seriously looking to buy for the last year or so.

Speaking of which...

I can say for a fact that houses are NOT still selling like they were a few years ago and prices are being dropped all over the place due to inability to sell.

It is thankfully becoming a bit of a buyer's market .
You’ve come a long way since the part-time Poundland wages days, eh?
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