Sunday, Apr 15, 2007
Scottish view of HPC sees it happening but not just yet
Scotsman: Soaring house prices coming to the crunch
A something for everyone article containing the usual spread of statistics and views that comcludes that as long as employment remains robust it is hard to see the housing market plunging. The article fails to take into account the fall in value of take home pay and assumes that for a large majority of prospective buyers, house prices remain affordable - otherwise mortgage business would not be rising at the pace it is!
Posted by enuii @ 07:54 PM (146 views) Add Comment
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