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The EU Referendum
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<blockquote data-quote="ProDave" data-source="post: 421758" data-attributes="member: 6969"><p>A drop WOULD matter to me. I admit my circumstances are "unusual"</p><p></p><p>I am part way through building my new house having already sunk £175K into it. My old house has yet to sell.</p><p></p><p>If prices suddenly dropped, then I would get less for my old house, but the cost of my new one is not going down. I don't see building materials or labour rates dropping. If prices dropped to much I could be in the ludicrous situation that the new 3 bedroom house costs more to build than I get for the old 5 bedroom house.</p><p></p><p>Not ALL of the UK has over priced housing, up here if you build a new house, it's market value barely reaches what it actually costs to build it.</p></blockquote><p></p>
[QUOTE="ProDave, post: 421758, member: 6969"] A drop WOULD matter to me. I admit my circumstances are "unusual" I am part way through building my new house having already sunk £175K into it. My old house has yet to sell. If prices suddenly dropped, then I would get less for my old house, but the cost of my new one is not going down. I don't see building materials or labour rates dropping. If prices dropped to much I could be in the ludicrous situation that the new 3 bedroom house costs more to build than I get for the old 5 bedroom house. Not ALL of the UK has over priced housing, up here if you build a new house, it's market value barely reaches what it actually costs to build it. [/QUOTE]
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