Sunday, May 27, 2007
A balanced view?
Sunday Times: Hell is buying a house
The Organisation for Economic Cooperation and Development has warned that UK property prices are among the most stretched of any major world economy, and that the housing market in Britain is overvalued by up to 65%. Surely something’s got to give because how - and where - are people supposed to live?
Posted by bufferbear @ 01:55 PM (334 views) Add Comment
2 Comments
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1. Wemb said...
Hmm.... Do journalists know that there is life outside of the capital? I only ask, because all anyone ever talks about is bloody London.
2. sold 2 rent 1 said...
Quote about buying flats for your children.
"This idea, always boldly optimistic given the chaotic state of my finances, now seems more hilariously improbable by the day: who on earth can afford to buy any kind of property in London? At the rate things are going, they’d be lucky to get a shed each - or, more realistically, their own shelf in a communal shed. "