Based on my extensive knowledge of the housing market ...

[Bagpuss]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

You are so full of sh1t I could fertilise a field with you

[English History X]

Unnecessary torture for the brave first time buyers, they have little equity to fall back on. Their day to day quality of life and their minimal investment gone in one. How cruel are this government.

[max]

Unnecessary torture for the brave first time buyers, they have little equity to fall back on. Their day to day quality of life and their minimal investment gone in one. How cruel are this government.

Which bit are you blaming the government on? Not interest rates I presume.

[English History X]

Which bit are you blaming the government on? Not interest rates I presume.

Yes I am. If they didn't create the environment then the silly interest rate policy would not have been needed. They created a housing shortage by various policies and non-policies and then punish those willing to take a risk.

[Hart-floot]

Your reasons were and are wrong. Interest rates are a tiny factor in the equation, even with the latest rate rise. The real reason is something far more dangerous and fundamental. But I can't tell you as I aim to make some money from it first

Anything to do with the impending credit crunch? I guess somebody has to make some dosh out of the US sub-prime (and UK???!?) fiasco! Hopefully nobody i bank with is going to be left with the sh1t

[sasguru]

You are so full of sh1t I could fertilise a field with you

Dream on, poor boy.