I was speaking with my friend who's DP has lost his job and even if he gets a new job is looking at a salary drop of 20-30k. This combined with the mortgage holiday ending in October means they have taken steps to downsize to a smaller property and are currently speaking to an estate agent to put their house on the market sooner rather than later as they feel things will be a lot worse in 6 months time so hope to get more by selling it now. She is obviously absolutely gutted.
My job is also fairly insecure and I don't particularly have much in the way of savings so would likely have to sell my flat and move back to my parents if things really do take a turn for the worse.
Just wondered if others were worrying or in the same boat.
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The housing market and people downsizing
12 replies
joan04 · 30/06/2020 01:42
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