Oh, How I can't wait for the prices of 'penthouse' flats to crash!The labour government states that Britain is enjoying unprecedented economic growth and prosperity. Interest rates have never been so low! (Woo Hoo!!)
The rates maybe low, but this is compensated by first time buyers having to shell out £150K for a used ex-council house on some shitty estate. Whatever way they spin it, property in the UK is a complete fucking rip-off.
Don't bother moving here unless you are some sort of political refugee or intend to house share with 50 other people who should not really be here.
Sure the late eighties saw horrendous double digit interest rates, but at least the sale price for the property was not a rip-off value equivalent to 10 times the average UK salary.
Thanks Gordon...
Britain Is Fucked
Abracadabra
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