The price of real estate in the UK seems very expensive 2 me. Is a collapse of that market imminent?
Compared with the prices of houses in the Netherlands (where I live), the prices of houses and the rents home owners charge seems rather steep to me. Could it be a bubble in the making?
It really all depends on where you live in the UK. Down south where I live the house prices are just plain ridiculous. My brother has a tiny flat that was over 250,000 pounds! And no the house prices will never change, in fact they will probably get more expensive. its the area, not the house thats in question.
The prices of real estate in Hawaii is VERY expensive, too. Does that mean the collapse of that market is imminent too?
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