| 15.10.2008 - British house prices down by 40% |
| From Sky.com: One flat in Folkestone, Kent, went on the market on January 28 this year at £125,000, and has now been reduced to £75,000. The one-bedroom, lower ground floor property lies in an upmarket area of the coastal town, and is in need of refurbishment. When Sky News Online posed as cash buyers, the estate agent Fell Reynolds confirmed the flat had been slashed from £125,000 to £99,950 and then to £75,000 because of the housing slump..... Full Article: Source |