hi all will this last for more than two years….will house prices crash to levels in the early 90s like 70 grand for a 3bed in middx etc so the market is going to crash below the 30% they predicted..this a worrying time your comments would be greatQuick Property Sale
After all if interest rates keep rising surely we will join the Americans and start defaulting on our mortgages. House prices may then fall and we could all end up in recession. What do you think.
the stock market lost millions today in value - I’d call that a crash. It all started [...]
This links shows how REPUBLICANS tried to warn of a Freddie/Fannie impending crisis, but DEMOCRATS worked against measures to more closely regulate Freddie/Fannie….yes DEMOCRATS are responsible for the world-wide financial recession…NOT George Bush.
Why didn’t NBC, ABC, or CBS care to explain that?
http://www.youtube.com/watch?v=m9W_6U7GRrI
To poster “Zeke H”: Check the congressional records if you think the VIDEO [...]
Between 1997 and 2007, house prices in the UK increased exponentially from £58,000 to £188,000 (by 224%) when real wages only increased by 24%. This led to properties being valued significantly higher than their long term fair value (3.5 times average salary; at current rates £80,500). Since 2007, despite the worst recession since 1929, prices [...]
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