Will!

House Price Falls Wipe £250Bn Off Homeowners' Wealth

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[url="http://blogs.telegraph.co.uk/finance/ianmcowie/100011363/house-price-falls-wipe-250bn-off-homeowners-wealth/"]House price falls wipe £250bn off homeowners' wealth[/url]

Mr Cowie's mentioned us before, but I'm sure Telegraph readers have never been as potentially receptive as they are now so allow me to bring anyone new to HPC up to speed:

1) Banksters, BTLers & Baby Boomers are all B*st*rds
2) Buy gold
3) Buy tuna
4) I'm not racist, but...
5) Lizard people

Have I missed anything?

W.

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Surely it should read

[b]House price falls wipe £250bn off homeowners' "wealth"[/b]

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"wiping a total of £250bn off homeowners’ wealth since the beginning of the credit crisis".

Surely they mean since the peak of the bubble! Where did they expect prices to go after the peak? :blink:

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