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Mumsnet trying to understand what's happening with sky rocketing house prices: we have been looking for over a year!! saved very hard to have a £325k budget, (we need min of 1 acre for our smallholding.) at the beginning of 2020 there was alot for our budget, the everything paused due to covid. so when the market started again everything was flying of, and we got priced out of the property we needed. so we went back to the bank and managed to get ourmortgage raised to £400k i knew that for £400k we shouldnt have problem finding anything....but then the property prices suddeny rose by 50k!! now we have been priced out again! a house just came on that we like we called immediately. she informed me that they have 2 viewings and she wont arrange a viewing after Monday as the property will be gone so there would be no point! im almost at the point of giving up! we are looking in Lincolnshire and surrounding areas...the price jump in these areas has been insane! a year ago for £400k you could get a large 4-5 bedroom house with 2 acres of land.....now your lucky to get a 3 bed with 1/4 of an acre! who is buying these properties for such stupid inflated prices!!? https://www.mumsnet.com/Talk/property/4257305-Why-are-property-prices-rocketing
Title says it all (with a little help from this link). Nobody is interested in giving us £90k! It almost beggars belief that living in a house for 8 whole years and not being paid more handsomely to do so is considered acceptable in a civilised society. We’re close to so many amenities, including neighours whose past rate of return provides ample fuel for our acute sense of entitlement. Feedback is ‘It's a house’, which I’d think would be enough to get it snapped up! It's a struggle not to be paranoid, but all indications are that someone has it in for us. Be gentle, my faith in the basic decency of humanity is already wafer-thin.