That shouldn’t be a surprise - all the affordability problems are still there as the price falls are so far minimal, then add in a well publicised potential to financially screw yourself by spending years owing more than the property you buy ends up being worth.
As soon as I read the headline ( well, the only bit I did read ) I had the same thoughts as yourself. It’s pretty bloody obvious isn’t it. Too many people have been suckered into the FOMO situation.
Now people are looking at it in a totally different way and it’s a Fear Of Getting Fucked. ( Doesn’t have the same ring to it as FOMO tho )
That shouldn’t be a surprise - all the affordability problems are still there as the price falls are so far minimal, then add in a well publicised potential to financially screw yourself by spending years owing more than the property you buy ends up being worth.
As soon as I read the headline ( well, the only bit I did read ) I had the same thoughts as yourself. It’s pretty bloody obvious isn’t it. Too many people have been suckered into the FOMO situation.
Now people are looking at it in a totally different way and it’s a Fear Of Getting Fucked. ( Doesn’t have the same ring to it as FOMO tho )
I don’t have a fear of getting fucked. I have an assumption of getting fucked. At every possible economic opportunity.
Fear Of Fucking Up?