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Gavin

Newspaper Pap, Yesterday.

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Time Bricks and Mortar supplement.

Had a section on downsizing, saying that even when divorcing it isn't necessary to go down the chain and live in a house that you are feel claustrphobic in. Queue story about divorcee with 2 teenage daughters. When she divorced she couldn't even get a job "in a shop" so had to think outside the box. Sat down with the girls and discussed the fact they needed to have people live with them. Da da, B & B business, going really well, problem averted.

On the right hand side of the page, 3 examples of possible downsizing properties, all over 500k, one for 750k.

750k! What are these people on? Why should we be convinced that people are downsizing to these properties? Is it just o make us feel bad? Is it just to make us feel that their is an endless supply of money out there?

THE TRUTH is that according to the registry, the number of houses that changed hands last year in the UK over 1m quid? 948. That means that the number of people able to downsize to a 700k gaff is less than 0.001% of the population. Yet this is in a national newspaper and supposed to appeal to a wide audience!

Last night in the Evening Standard? A story about how to make a million pounds a year (Big headline) followed by stupid story about how a house in the west end last sold 7 years ago for 6m, now is up for 14m. SO anyone who wants to make a million a year, JUST buy one of the most expensive houses in one of the most expensive cities in the world, easy.

Then a small piece in City Spy, saying "Remember Professor Andrew Oswald? He said in 2003 that by the end of 2005 the house market would have crashed by 30%................".

Arrogant tw@ts. I wouldnt gloat so soon journo owner occupier/buytoletters.

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...it's just like the recent 'Relocation Relocation Relocation' programmes. They feature wealthy people with half a million quid or so to play with. Not like your everyday punter I feel.

Reality at the moment is very twisted no admittance of problems for average home owners wanting to move up the ladder and FTb'ers wanting to get on the ladder.

Massive headlines in the Mail and Express about 20% increases in Gas bills. What about a doubling in house prices? Which are no benefit to anyone except the rich at the top of the ladder.

Crazy crazy country - I am looking forward to when reality bites!! :)

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  • 301 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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