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Value Of Riverside Houses Plummeting

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Riverside homeowners told:
'Don't panic'
Back to Social Housing
Publisher: Ryan Davies
Published: 26/07/2007 - 15:56:27 PM Printable version
UK property entrepreneur Greg Heywood is urging owners of riverside homes not to panic about the drop in value caused by the recent floods.
Despite damage through heavy rainfall being extremely rare people are finding it increasingly difficult to sell their homes by the water.

Looks like "entrepreneur" (BTLer) Greggers has a job on his hands trying to convince river sheeple that the "value" of their homes will not go down as floods hit again within, IIRC, 5 years. With much more to come if all this global warning cobblers is true. They can't get insurance and who is going to buy when the solicitor is legally bound to point out the risk of buying in a flood zone?

Edited by Realistbear

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