brickor mortis

brickor mortis
 n.— «Falling house prices have caused property website Rightmove to coin a new phrase. “Brickor mortis” is the paralysing condition caused by sellers refusing to lower prices as they don’t accept their home’s value has dropped. Buyers won’t buy as they think homes will be cheaper in the future—or because they can’t get a loan.» —“Revealed: Middle Britain will be hardest hit by falling house prices” by Becky Barrow Mail Online (United Kingdom) July 18, 2008. (source: Double-Tongued Dictionary)

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Further reading

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