We've just had our house valued, in 6 years it's gained more than a quarter of the cost we bought it for. The housing market in the UK is absolutely utterly insane.
@oppen It's not just the UK, it seems. I'm trying to buy a house in the US right now, and prices are absurd.
@jrc03c in my cynical simplistic view it's the boomers sitting on all the housing stock thinking they can sell l, get rich, and retire. Thing is nobody but other boomers can afford these properties. So there's got to be a crash.
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