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Scottish Housing Market Faces Lost Decade

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Comments; "Edinburgh in particular, and many other parts of Scotland, is full of people who have paid way over any realistic value, and there are many others who are holding on to houses that they are deluded in thinking will go for the prices of a couple of years ago and won't countenacce offers for the real value"

and "At least we will be paying what property is actually worth, and not the first harebrained figure that our property sellers thought that they could get" :lol::lol:

heres a hairbrained idea........................DROP THE PRICE..............:lol: , I`d say we are in for a lost couple of decades.

and my favourite "You can`t eat a house!"

Edited by dances with sheeple
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East Lothian bucks the trend!

Flat sells for record £2.5m.

THE most expensive flat ever sold in Scotland has reportedly gone for £2.5 million.

The flat at Whittinghame House, East Lothian, had been on the market for eight months, before being bought by a bidder who has not been named.

It was sold full of antique furniture and includes a billiard room and library almost as big as a tennis court.

The flat is in what were once the state rooms of the mansion, which was built in 1817 for the wealthy Balfour family. Guests at the house included King Edward VII, Winston Churchill and Sir Arthur Conan Doyle.

It was bought by David and Mary McMillan in 2007 for £832,000.

Someone's got plenty of money.

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It's only 2 months since the Herald devoted it's entire front page, and 2 full inside pages on how the Scottish housing market recovery was in full swing.

Frankly it's ridiculous how newspapers completely contradict not only other papers, but even themselves over a period of time.

Reading the Herald article back then I was disgusted they'd made up a huge story based on the flimsiest of evidence.

Probably next week the Scotsman will be telling us how things are fine again.

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  • 442 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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