Friday, Sep 15, 2006
Telegraph opinion on the housing bubble
Telegraph News: The dream of home ownership must one day surely shatter
This article discusses the desire to own a home, the wellbeing that may people have knowing that the value of their home has risen and the terrible debt burden taken on by FTBs in buying their first home. It concludes that we are in a bubble, that the bubble will surely burst and with it the dreams and illusions of so many people.
Posted by othello @ 01:46 PM (157 views) Add Comment
3 Comments
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1. webmaster said...
What an excellent article, althought Andrew Gimson does stop short of predicting a full blown crash.
2. sirgoogle said...
Wow. Is this man a contributor to this blog ??
3. bidin'matime said...
The comments that follow the article are also interesting - useful to sometimes also read the views of people other than HPC fanatics..