Just let that information settle in for a minute….
The false economy of the housing market is one of the biggest financial scams there is and millions buy into it and perpetuate the problem when they get out a mortgage to purchase property at a grossly over-inflated price.
Think about it. You wouldn’t pay £100,000 for a £10,000 car, but because we’ve all been wooed with the idea of how important house ownership is (Thank you, Maggie Thatcher) we allow ourselves to be ripped off and pay way over the odds just to get a deed with our name on it.