RE: Market Sentiment17 Jul 2025 11:30
dimi what a load of tosh !!!! house were only ever built as homes to be lived in until the idiot tony blair decided to turn them in to investments so tht he could get all the derelict houses done up by the people using the peoples money under the ''wrapper'' of the new fantastic idea of btl properties...all of a sudden and postman plumber or street cleaner could go out and buy 50 houses with just a 10% deposit and hopeto find a 'mug' to rent it off him and pay his debt for him....this was the most damaging ting ever to happen to the housing market in this country , suddenly creating a grab grab grab what you could and artificially pumping up house prices to unaffordable levels along with the stupid first time buyer schemes like 50% ownership bull**** etc etc it should never of happend !!! they should have stopped the banks lending ludicrous loans on interest only like the ill fated norther rock that went bust for the same reason..it was a experiment by the boe to flood the uk with cheap monies to see what would happen !!! now we are seeing the results of incompitence not only in previous governments but also by the boe own stupidity !!!......ask any one trying to sell a house now the same question and you will get the same answer.....would you yourself pay the amount of money you are asking for your house ??? answer no !.............