The UK housing bubble in two screenshots - eviltoast
  • Destide@feddit.uk
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    1 year ago

    Problem is currently everyone thinks they’ve got a golden goose and don’t want to accept the prices their properties are actually selling for. The amount of aggressive comments I’ve heard from sellers in the last few months only for them to come back because guess what no one’s buying at that price. A lot of people are trying to get a head of a crash which means there’s a lot of mucking about with cold feet, maxing out mortgages that suddenly can’t be maintained when the government and the bank of England do a whoopsie and dillusional values.