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Old May 15, 2008 | 05:34 PM
  #55  
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dojj
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From: Little India
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if you buy a house purely for the profit and now you are crying because it's not worth as much then thats your fualt for being greedy

the house next to ours was up for about 6 months or so the last tiem around, before that it had been with anotehr agent for the past year, so a total of 18 months to flog a house (it went last year)

the house was up for sale at £340k, which is above hat it was worth but it's still a realistic price considering the other prices on the roa over the years
eventually it went for just a shade under £280k

so either the estate agent was a twat or the prices have gone down by 20%
and this wa about a year ago so it's not new news
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