I agree, it always annoys me in the property reports on NNet (and elsewhere to be fair) If you own and live in a property in theory it should not matter if prices are rising, static or falling presuming your place moves at the same rate the place you are buying.If you are a first time buyer rises are bad news. But if you are an investor with buy to lets rises are good if you plan to sell. I think property reports are written from the investors point of view..... Where will our children live?I also get annoyed at the 'knee jerk' nimby objection to most new developments whether good or bad. London needs more homes of every tenure, but especially genuinely affordable rented. Not the 80% market rent stuff the Condems have introduced.
Iain Muir ● 5417d