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[quote][i]Originally posted by Robin[/i] [quote][i]Originally posted by Russ[/i] housing market will grind to a hault at this rate, people dont want to rent, people cant afford to buy. [/quote] It'll crash soon. There was a bloke on Radio 2 earlier, who was comparing prices now, to the prices just before the last market crash, as well as mortgage trends (people offering more money to people) Earlier this month, a beach hut in Brighton sold for 60k :| Before the market crashed last time, a small cupboard type thing opposite Harrods in London sold for 36k Apparently, within a few months, the market had crashed, bringing the prices down considerably for people. Hopefully his prediction is right. [/quote]
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