United Kingdom: Homeowners count the cost as floods force prices to plummet

Posted by Guardian: Miles Brignall and Rupert Jones on January 2nd, 2016
Guardian: People trying to sell their properties in flood-hit parts of north-west England have begun dramatically dropping their prices amid fears that houses in some roads have become virtually unsellable. Large homes in and around the Warwick Road area of Carlisle, which in December 2015 experienced its second major flooding episode in a decade, have started to appear on the market for only 60% of their November values – leaving some people wondering whether they will ever be able to move house. After......

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