Re: Houseprices...grrrr...
I'm pretty sure that people who bought in the 80's are well in hand now Gobsmacked and I suspect they have been for some time. I bought in the 80's and sold about five years ago because I was living in the U.S. and couldn't be bothered renting it out any more. I did lose about 15 grand on the deal but I had spent a lot of money getting the house exactly as I wanted it to be, because I thought I was going to be there for the rest of my life. The house is now worth more than twice what it stood me at. I'm also pretty sure that prices will start to drop before too long. However, long term, real estate is the best investment you are likely to make in your lifetime. My advice is to hang on to your house. It's not worth all the hassle and expense of selling, moving, renting, buying and moving again. Of course, this is only one persons opinion and other people may think differently. I'm sure you would welcome other peoples ideas also.
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