Sorry, I assumed you were using your friends as examples of normal people in reasonably well-paid jobs.BlahBlah said:That $500,000 plus house, holidays, etc is paid for on debt.
And how did you find out that?
England is not Europe. There are still plenty of places in Europe where houseprices are not going down or just slowly
The UK is in Europe as much as Staten Island is in the States. It's been in the EU since 1974, in just about every European body you can name - with the exception of the Euro (which puts us outside Europe in the same way as Switzerland is outside Europe).
If BBW tells us house prices are going down in Norway, then you can assume they are dropping pretty much everywhere. That has been my experience and I am based in France at the moment. Nowhere is immune from this slump.