On the local news there's a couple who've had their house on the market for six months without a single viewing. The house is in rich rich rich London. How much and when their first ever mortgage was is not stated. I'd guess their original investment was something in the region of £6,000 and by doing fuck all apart from a bit of selling and buying they now have a house worth probably £800,000. A family home in a nice residential London street.
Now they've missed the boat. Maybe they want to retire to the country. But they're just too late. House prices are on the way down. Potential buyers are staying put.
"We do think we've missed the boat. I think if we'd put the house on the market this time last year it would have flown out the door."
1 day ago