+Dave 2,322 Posted January 23, 2007 http://www.msnbc.msn.com/id/16757133/ Share this post Link to post Share on other sites
Nesher 628 Posted January 23, 2007 the british ain't kidding... hehe pricey!!! :\ Share this post Link to post Share on other sites
MigBuster 2,884 Posted January 23, 2007 the british ain't kidding... hehepricey!!! :\ The property market has gone way out of control over 90% of the country - It just started going up and up about 7 years ago - to the point now where first time buyers are being priced right out of the market - You could blame the lack of space to build property - though I'm blaming an inept Labour government for making it so only the super rich can afford a mortgage (thanks guys). Forget buying in London - you could buy a Castle or 2 in France for the same price as a rabbit hutch in London - and if the housing market crashes like in the 80's so many people r gonna be truly ****** Share this post Link to post Share on other sites
+SkippyBing 8 Posted January 23, 2007 and if the housing market crashes like in the 80's so many people r gonna be truly ****** The question is can I wait until then to buy a house. Well yes 'cos I sure can't afford one now! Share this post Link to post Share on other sites
jodandawg 18 Posted January 23, 2007 The question is can I wait until then to buy a house. Well yes 'cos I sure can't afford one now! Holy crap!!! I thought Japanese prices were bad!! This is nothing short of highway robbery! My house here in Georgia has 5200 sq ft and I bought it for 250,000 grand!! I guess the govt feels that as long as they have a home who cares about anybody else!! Don't get me started on our govts though. Share this post Link to post Share on other sites
+SkippyBing 8 Posted January 23, 2007 (edited) My house here in Georgia has 5200 sq ft and I bought it for 250,000 grand Hell at that price I'll commute! Edited January 23, 2007 by SkippyBing Share this post Link to post Share on other sites
+Hinchinbrooke 36 Posted January 24, 2007 Well, it is Knightsbridge, so I'm hardly surprised, although why anyone would want to live in such a tourist trap is beyond me. Share this post Link to post Share on other sites
+drdoyo 2 Posted January 24, 2007 The property market has gone way out of control over 90% of the country - It just started going up and up about 7 years ago - to the point now where first time buyers are being priced right out of the market - You could blame the lack of space to build property - though I'm blaming an inept Labour government for making it so only the super rich can afford a mortgage (thanks guys). Forget buying in London - you could buy a Castle or 2 in France for the same price as a rabbit hutch in London - and if the housing market crashes like in the 80's so many people r gonna be truly ****** Sounds like Florida's East Coast, California, and other select regions of the US. The $40,000 home with 3/4 acre I owned in Indiana sells comparibly for $120,000 to $150,000 here in the Fort Lauderdale area and with NO land. I can think of many words to describe how I feel seeing this and none are complimentary to those alowing/driving such pricing. Share this post Link to post Share on other sites
MigBuster 2,884 Posted January 26, 2007 I could only wish of seeing a house for that money - i'm about 30 miles out of London and currently renting a 2 bed house - which although is about 4 years old people from the US would no doubt laugh at the size of the rooms - anyway this place is worth >£170,000 (~$333,052 USD). be thankfull you live in the US :) Share this post Link to post Share on other sites
