House prices in the UK have tripled in the last ten years. Actually, where I live they’ve tripled in the last seven years. How on Earth has this been allowed to happen? The main people to benefit from this rise are the ones who could have put a stop to it. Estate agents, mortgage lenders and, most of all, the Government. Gordon Brown goes on about how fantastic our economy has been over recent years when, in fact, he’s completely wrecked the standard of society in Britain for the foreseeable future.
How mad is it when even a well paid job cannot earn you enough money to buy any property in some areas, let alone the three bed semi which you could have bought a few years ago. Even the ones who can afford a mortgage are borrowing three times as much as they used to, only to have most of it taken away in inheritance tax once they eventually finish paying for it!
Well done Gordon Brown. Hard luck Great Britain.