Re: Re: Buying Now, The Maths Still Don’t Add Up IMO


Basically shakeel, I think you agree with me, that to make sense for Brits, then a reduction of 40%+ must be achieved now to make the properties cheaper than they were at the height of the boom.

You’re also right about the authorities thinking there was an under-declaration/cash exchange if you bought with a large reduction in value.

Interestingly, Viva are emailing regularly their Hot property reductions which vary from 5%-50%, so those of 5-30% don’t seem to be such great bargains for Brits at current exchange rates. 🙄