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Doomed! (and we love it)

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    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!

    #2
    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.

    Comment


      #3
      Originally posted by DimPrawn View Post
      volo divum occumbo...You are a Gaul & I claim my £5

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