Thursday, Oct 18, 2007
anyone want to set this guy straight
Yahoo: Media hype about a slump
This guy is a prat, so comeon lets set him right..
Posted by mark @ 04:43 PM (1080 views) Add Comment
3 Comments
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1. I-cld-murder-a-blt said...
Well where to start;
These people are fullish, they no little other than what they are told in the news
Lets start with the reposession rates, which will only go up, as mortgages come up for renewal in the next year
Banks attitude to lending(look at the that high street lender that is going up in smoke), THEY ARE FROM ANOTHER PLANET
Come on this economy is propped up with debt, a little risky wouldnt you say
Look across, the Atlantic, where the attitudes of financiers are beginning to be realised, AND THEY ARE NO DIFFERENT FROM THE UK AT ALL
But on that note, this is a relatively free country so make you own mind up
WE WILL SEE
2. Techieman said...
Why would you want to put anyone straight - if everyone thought there would be a slump then there wouldnt be. We need people like this infact this demonstrates mass physology. This type will be the type of guy that refuses to believe until we hit the bottom , when he will then sell!!
3. Axxo said...
The Media are creating " tulip Mania " making the crash happen sooner...
Interest rates are rising with inflation, house prices are already falling, then your see unemployment go up, have you checked www.rightmove.co.uk recently, there is too much supply now in most areas, which is why over 96,000 house have been reduced in the last 10 weeks ( www.propertysnake.co.uk)
So the three factors mentioned in the mirror are irrelevant and form no cushion to base a future stable market on...