Classic cars dropping in value, ICE issues, cost of living, world uncertainty and I can perhaps understand .
Off topic but it was mentioned above
What I have never understood is houses getting older and older and values rising stupidly . Mine has gone up 7500% in 44 years , Equity in your hose might make you feel good , especially on paper but it’s somewhat meaningless.
No benefit to us unless we do something. Stay and house block, downsize as we rattle and use so few rooms, 5 toilets as we anre full of……
Equity release or just move next to Rich+8 ho ho ho !!! Not happy for my headstone to say, should have sold the house before…..this. Cannot wait for some party to reduce or remove stamp duty.
Housing policy is something that needs serious thought .
MM
