UK House Prices -The next bubble waiting to burst ??

tanners,

you seem to hear only what you want to hear,

The article covered crap properties at ridiculous prices and crap properties that have unfortunately overdone overdevelopment, to cover all feasible bases.
ie to satisfy the tanners of this world.

The conclusion however, is, and I'll spoon feed this to you again, as simple as:


"But the most likely reason for a property not selling is the obvious one - the asking price is too high because the estate agent or the buyer is simply too ambitious. "The market's been slow, but not that slow. So there are only two conclusions that one can draw about a home that's been on sale for a year or longer," says Rupert Bradstock, the country director of the buying agency Property Vision.

"Firstly it's on the market at the wrong price. Or secondly, if it's described by an agent as being on at the right price, there's something wrong with it. In my experience, it's almost always the former. And if by chance something really is wrong with the property, then the best way to sell is to lower its price anyway," Bradstock says.""