I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Wednesday 6 June 2007

Cheapest town's homes top £100k

Every town in the UK has an average house price above £100,000 for the first time ever, according to Halifax.
The town in Britain with the cheapest property is Lochgelly in Fife, where the average home costs £104,738.


The average house price for the whole of the UK passed £200,000 for the first time in February this year.

A north-south divide has re-emerged, with London prices rising 14.9% over the past year while average prices in the north of England have risen 5.6%.

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