Originally posted by Cyberman
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Of course Cyber, your house is unaffected by the crash. 13% off for everyone else in the last 12 months and the last two quarters showing 5% falls each = 20% drop in house prices each year.
When you say your house has risen in value - who told you this? An estate agent? If so ask them how many sales they have made in the last month according to their valuations. The only way of finding the true value of a house is to sell it. And in these conditions even if you get an offer the chances are you will be gazundered at the last minute.
Your outlook on the house market is amusing to say the least!
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