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MSE News: House asking prices dive by 3.2%
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Former_MSE_Guy
Posts: 1,650 Forumite
This is the discussion thread for the following MSE News Story:
"Sellers knocked nearly £7,500 off their asking prices during the past month as the market continued to stagnate ..."
"Sellers knocked nearly £7,500 off their asking prices during the past month as the market continued to stagnate ..."
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Still way to high. Isn't there like a 25% difference between the higher asking price and actual selling price.
Agreeing anything near the asking price must be shear lunacy for a buyer in today's market. We need far bigger drops in asking prices to stimulate the market at a level can actually afford.:exclamatiScams - Shared Equity, Shared Ownership, Newbuy, Firstbuy and Help to Buy.
Save our Savers
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And this follows on from last weeks MSE report last week that house prices are due to rise by 16%. To paraphrase a well known beer advertisement 'if MSE did newspapers, they would be the worst in the world' :-)0
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Sellers knocked nearly £7,500 off their asking prices during the past month as the market continued to stagnate ..."
I think they need to slash house prices by 50%, especially in some regions, where we live - 10 years ago the average local wage was £8,000 per anum and Commuter wage £12,500 and the average house price was £40,000 and most working couples and some singles could afford to buy.
10 years on and the average local wage is £16,000 per annum and Communter wage is £25,000 but the average house price is £200,000...£200,000 how does that happen..wages double and house prices quadrupal!!
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