Sunday, May 13, 2007
Another price crash warning
Market Oracle: Analyst Warns of Potential Housing Market Crash
F&C Investments' Ted Scott believes a negative yield on property could lead to buy-to-let investors selling their homes as they can no longer cover costs - which would precipitate a housing market crash.
Posted by realist @ 10:18 PM (141 views) Add Comment
1 Comment
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1. sold 2 rent 1 said...
More quotes from National Homebuyers:
"This is the beginning of the end of property price confidence,"
"The increase in enquiries we are receiving from buy-to-let mortgages is unprecedented. "