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This is what pees me off with this stupid country
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<blockquote data-quote="binky" data-source="post: 445005" data-attributes="member: 490"><p> Get an ex-council hosue for under £130k in Plymouth.</p><p></p><p>Housing has become a perfect storm, more women working ( a good thing) meant many 2 income households, so the more des-res houses went up in price. Then the banks being deregulated meant they kept pushing money at people and then came up with 30 year mortgages etc etc which I think is also part responsible for pushing prices higher. Then a whole load of people investing in houses as a pension plan, and few other factors all seems to have added up to expensive housing for purchase or rental. S'funny how as a 'bubble' it never seems to have burst, but so many people would end up in negative equity I kind of think will power has kept prices up, and then we had a large influx of immigrants to gurantee a housing shortage. I sometimes wonder if it was all a conspiracy :^O</p></blockquote><p></p>
[QUOTE="binky, post: 445005, member: 490"] Get an ex-council hosue for under £130k in Plymouth. Housing has become a perfect storm, more women working ( a good thing) meant many 2 income households, so the more des-res houses went up in price. Then the banks being deregulated meant they kept pushing money at people and then came up with 30 year mortgages etc etc which I think is also part responsible for pushing prices higher. Then a whole load of people investing in houses as a pension plan, and few other factors all seems to have added up to expensive housing for purchase or rental. S'funny how as a 'bubble' it never seems to have burst, but so many people would end up in negative equity I kind of think will power has kept prices up, and then we had a large influx of immigrants to gurantee a housing shortage. I sometimes wonder if it was all a conspiracy :^O [/QUOTE]
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This is what pees me off with this stupid country
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