Minimum price for a decent property in London ...

[mcquiggd]

Daleks????

[bobhope]

FFS, £1m and they can't be bothered putting the net living area in square metres/yards of the place - I never understand why they don't do that in England. Every other country I've lived in seems to be able to manage it.

[lORD lUCAN]

Waiting for the inevitable crash so I can move in. (cue LordLoser, no doubt). Not many people know that the US housing market has started a free-fall. How long before it hits here?

Morning Tosspot !

[sasguru]

Morning Tosspot !

Morning Loser. Have you got a carpenter in to remove that chip yet?

[DaveB]

Waiting for the inevitable crash so I can move in. (cue LordLoser, no doubt). Not many people know that the US housing market has started a free-fall. How long before it hits here?

UK average house price nearing £200,000

[DimPrawn]

How the hell are house prices going to go down with:

1. Millions of immigrants and illegals entering the country every year
2. Millions of EU workers entering the country every year
3. Rich foreigners (e.g. Russians) snapping up property in London and in the country/coast areas of the UK
4. More and more people living alone wanting large properties to live in
5. Banks willing to lend more and for longer terms (50 yr mortgages)

[Numptycorner]

How the hell are house prices going to go down with:

1. Millions of immigrants and illegals entering the country every year
2. Millions of EU workers entering the country every year
3. Rich foreigners (e.g. Russians) snapping up property in London and in the country/coast areas of the UK
4. More and more people living alone wanting large properties to live in
5. Banks willing to lend more and for longer terms (50 yr mortgages)

Fear and greed, that's how all markets work. Sooner or later there will be fear.

[DimPrawn]

But the young people of Britain think nothing of debt. They want it NOW, it's THEIR RIGHT to have it and banks are only happy to oblige.

There is no fear of debt. Infact it's almost cool to have more debt than your friends.

[TwoWolves]

I find the escalating house prices in London deeply depressing. I'm looking for a bigger place now so my wife and I can start a family but to do so means facing a lifetime of terrifying debt.

[DaveB]

"Compact and bijou, Mostyn. Compact and bijou!"