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Massive fall in house prices in July, 2010

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    #11
    Originally posted by markinbrussels View Post
    Remember: affordable housing = 3.5 - 4 x annual income

    UK average household income = 24.7K GBP

    Thus, affordable house = 86.45 - 98.8K GBP

    Still room to fall
    That would be a good start

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      #12
      Originally posted by DimPrawn View Post
      At this rate, that nice detached house you've always longed for will be in your price range by September 2947.
      WHS. This thread is boring. Does anyone over 35 really give a crap about house prices? Surely one should have paid off one's mortgage by then?
      Hard Brexit now!
      #prayfornodeal

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