Quote: TURFEDOUT "Dropped 30% in value against what exactly??
If they have worked all their life to pay for it -- so say 40 years working life,they purchased the house in 1970 ish.They will still have a nice tidy profit dont you think?
Anyhow thats the chance you take buying property,values can down as well as up.
Nobody forced them to buy,they could have rented a nice 3 bedroom semi on Eastmoor and never had such worries about how much value their home will increase or decrease by.'"
And what the hell has that got to do with you....what people do in terms of life changing decisions about where they decide to live?? THE ARROGANCE!!