Why are prices still so high?
We want to move, our house is on the market at 30k below what it was in 2007. I look at prices of properties which I know were on at the same price or less in some cases in 2007, I just cannot fathom why the prices are still so high or going up? I see that the sold prices tell a different story. But it is as if people think property prices have continued to boom. Why are estate agents allowing this madness to continue? Prices have fallen, in order to get the market moving, we need to see realistic prices across the board. We have had offers but unfortunately are not in a position to rent before buying our next house, so we can't proceed due to idiotic pricing. What is going on estate agents? Are prices rising or falling?
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