Tuesday, May 12, 2009
How the bubble burst
BBC: How the bubble burst in N Ireland
With prices plummeting, buyers are afraid of buying a house that is going to fall in value and wipe out their deposit.
Posted by doomwatch @ 04:00 PM (472 views) Add Comment
3 Comments
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1. quiet guy said...
"40% last year"
I didn't realise that the Northern Irish market was that bad. The woman in the interviews is in a jam but simply refuses to acknowledge the reality of her situation.
2. Paul said...
there is so many more like her , get real , adverage wage there is £20k if your lucky , people like her and the rest usinng the market as stocks , shares , it all down hill im afraid , not ,
3. Wacko911 said...
3 bed House near me was on the market for 60k, not sure what it sold for, but the same house was selling for 120k a year ago...lol
Do I buy now and fix at a super low rate, or wait and but cheaper at a higher rate???