| Scotland's No. 1 Name: Kev Location: Dundee Join Date: Feb 2006
Posts: 3,017
NP$: 1126.55 ( Donate)
| Hopefully there is a big crash since Im buying at the moment! Some of the prices in my part of town are literally insane. The cheapest 1 bedroomed flat I found was roughly £100,000 ($200,000) and the mortgage repayments for a student such as myself, are pretty unmanageable. Im pretty lucky to earn a fair bit from domains and even considering buying a place, but my friends are going to have absolutely no chance.
15 years ago, my parents bought a 4 bedroomed house for £80,000 ($160,000). Now its worth close to £500,000 ($1,000,000). Now my first purchase is going to be around £20,000 more for a 1 bedroomed flat than what they paid for a 4 bedroomed house back in the nineties.
In saying that, Scotlands prices are still increasing according to the media. 5.3% in the last year
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.jpg "Domain Tasting")
