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House Price Crash Forum

Town And City Centre Flats To Crash In Price?


Shamus

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HOLA441

Won't the current desirable flats and houses in good locations suffer from falling prices as homeowners and landlords get pissed off by the rowdiness and petty crime which is bound to rise in these areas?? Also will have an effect on pushing up the cost of insurance even higher.

On another note FTB'ers will need prices to correct a lot more for their first step on the ladder than is probably expected as they will be busy propping up the failing economy through alcohol taxes!!

I'm sure we will all end up paying more as the local councils will have to pay for more police presence.

The transition to all night drinking will be quite painful. It should have been brought in 10-20 years ago well before the bigger styled 'Ibiza' party pubs were allowed into city centres with their cheap drinks promotions.

It's going to get interesting to see how things go for sure!!

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