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UK’s housing needs new foundations

Posted on 15 June 2009

From Guardian: Talk that the housing market may be bottoming out after 18 months of falling prices may cheer the chattering classes of existing homeowners, but for young people it is no cause for celebration.

Jonny Scott, aged 24, from Winchester, says that one day he would like to buy a house or a flat but, despite a 20% drop in prices across the country, that still “seems millions of years away. I don’t even see it as a possibility at the moment”………Full Article: Source


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