Even the property bulls have to admit it...

[DimPrawn]

http://www.rightmove.co.uk/news/hous.../february-2010

Scarce new sellers bump up asking prices by 3.2%, an average increase of £7,137 with London setting a new record of £427,987.

Monthly rise reminiscent of boom-times; there has been no higher rise since April 2007 when we saw a 3.7% increase.

January sees record search activity on rightmove.co.uk, up 29% on same period last year.

The economic fundamentals cannot support further price increases of this magnitude

At this rate, in 10 years, sasguru will be half as rich as me.

Boomed!

[AtW]

Look at houses for sale locally - even in top end £500k+ rooms are so small that it's a joke, sick one

[shaunbhoy]

At this rate, in 10 years, sasguru will be half as rich as me.

And AtW will be having to cough up even more rent for his bedsit!!

[minestrone]

Look at houses for sale locally - even in top end £500k+ rooms are so small that it's a joke, sick one

But you would no longer have to wash the dishes when you were having your weekly bath.

[SuperZ]

So is my understanding of that text correct in that London prices are now higher than they've every been?

Got to be a joke surely. Then again going by the types of people who want to live there I suppose it is no surprise

[DimPrawn]

So is my understanding of that text correct in that London prices are now higher than they've every been?

Got to be a joke surely. Then again going by the types of people who want to live there I suppose it is no surprise

Barclays investment bank has 20,000+ employees and the average bonus was £190,000 each. You work it out.

No more bust under Labour!

[suityou01]

http://www.rightmove.co.uk/news/hous.../february-2010




At this rate, in 10 years, sasguru will be half as rich as me.

Boomed!

Estate agent web site talking up house market shock horror

Numpties

[TimberWolf]

Are we poorer than a third world person yet? How long does the average 3rd worlder take to buy his own house?

[Moscow Mule]

Are we poorer than a third world person yet? How long does the average 3rd worlder take to buy his own house?

He doesn't - he gets a tent from the UN...

[TimberWolf]

He doesn't - he gets a tent from the UN...

That's more than the average renter in the UK gets.