The _Don
MB Enthusiast
- Joined
- Jul 11, 2010
- Messages
- 3,942
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- Mb
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Are we saying that the tossers haven't learned the lessons of 2008?
54000 £2million+ flats all coming to the market in South London this year might be the catalyst for the 40% everyone has been waiting for?
Thankfully they were marketed mainly at wealthy foreign criminals, who are now turning out to be not as wealthy as first thought.
It would be nice to think they could be used as much needed social housing, but they'll just sit empty or half finished until the next boom.
That said now the Chinese economy is circling the plughole, all those student lets developed for minted up Chinese students in the West Midlands may well end up full of assylum seekers instead.
Those who will find themselves in negative equity may be the losers , but for the rest its not that important, and for some to their advantage,so no big deal.its become the norm.
On the contrary, considering homeowners and aspiring homeowners are the single largest political force in this country, it becomes everybody's problem.
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