Doomed! (and we love it) - Contractor UK Bulletin Board

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Beavis replied

12 May 2008, 07:56
Originally posted by DimPrawn View Post

http://news.bbc.co.uk/1/hi/business/7395041.stm

I want the sky to fall.

volo divum occumbo...You are a Gaul & I claim my £5
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Shimano105 replied

12 May 2008, 07:16
Bin saying that for years - no brainer IMO - first time buyers or trading up, cheaper houses make it easier all round.

Only those dipsticks mortgaged to the hilt want prices to rise so as to bail them out (and actually buy the house when the interest-only mortgage has been paid off).

Those white-van-man families who were wringing their hands when they found out the house value had doubled typify the mentality.
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DimPrawn started a topic Doomed! (and we love it)

12 May 2008, 06:46
Doomed! (and we love it)

http://news.bbc.co.uk/1/hi/business/7395041.stm

More people want house prices to fall than to rise, BBC research has found.

That is the surprise finding of the first poll to test the assumption that house price falls are unpopular and therefore politically damaging.

Barely a fifth of people want house prices to rise - fewer than the number of people who want them to fall.

The poll, specially commissioned by the BBC, found that only 22% said they wanted prices to go up while 28% said they wanted house prices to fall.

I want the sky to fall.

Doomed!
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