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Old 08-29-15, 02:06 PM   #11
Oberon
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Join Date: Jul 2002
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Quote:
Originally Posted by Neal Stevens View Post
I'm hoping for a few more corrections. I just sold my Pearland house, would love a buying bargain in the next three months.
It's rare the bloody things come down, isn't it? Good if you're selling but trying to get back into the market at a decent level for the money...
Prices in the UK are getting a bit ridiculous now, pricing a lot of people out of the market, one would hope that this would bring them down but what happens instead is that the ones in ideal locations such as in holiday towns by the seaside get snapped up by holiday companies and rented out as holiday homes. Thus driving any youth out of the area.

Still, that's the system for you, if people can make $138k out of a former broom cupboard measuring 10ft by 8ft, or $261k for a 11ft by 7ft janitors storeroom, then they're not exactly going to stop are they?
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