Cheeky Monkey
Well-known member
- Jul 17, 2003
- 23,668
In 1997 a mate bought a one bedroom flat in Brighton for 35k, seven and a half years later he has sold it for £135k. Wages in the Brighton area haven't trebled in that same seven and a half year period, in fact the average salary in the Arsegas Jobs Section seems to be around 16k.
The supply of minted first time buyers willing to shell out 135k for one bedroom flats has got to dry up soon, hopefully prompting a significant downward shift in prices.
The supply of minted first time buyers willing to shell out 135k for one bedroom flats has got to dry up soon, hopefully prompting a significant downward shift in prices.