The housing market seems to be a very grey area at the moment. Conflicting articles have been popping up over the last few weeks, some saying prices are on the rise again and some saying prices are still on the decrease.
Those articles saying house prices are on the increase are surely being written as some hopeless attempt to pull the wool over our eyes, and can't actually be true. The only question on my mind right now is 'How much will they fall?'.
I saw a housing programme last night on BBC2, where a couple were looking to buy their first home, and the presenters managed to find 5 properties, all quite spacious with 3 bedrooms and a garden, and all in the region of £60'000. Quite sickening really, and I was waiting for the blurb to appear, which it did, that announced "House Prices correct as of Winter 2002". If only.
Luckily I am from a big family, so I probably will be able to scrape a deposit together in the next 12 months with which to get my first Mortgage. However, like the couple mentioned earlier I really need a 3 bedroom house with a garden, but unfortunately £100'000+ seems way outside my budget at this moment in time, yet that is the average price in my area...
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