Wednesday, Oct 17, 2007
Conditions seem ripe for UK housing market slowdown - S&P
AFX News Limited: MUMBAI (Thomson Financial)
Improvements in funding conditions for mortgage-focused banks is less evident than those for large diversified banks, partly because 'conditions now appear ripe for the long-awaited slowdown in the UK housing market to begin', Standard & Poor's Ratings Services said.
Wish I was a FTB with cash.
Posted by acetip @ 07:32 PM (361 views) Add Comment
2 Comments
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1. Colhouna said...
Ending to the same article: "... while the rating agency noted the fragility of current markets and the possibility of an abrupt end to the housing market's prolonged boom, it said it is maintaining its stable ratings outlooks in the expectation of slowly improving funding conditions."
Its easy to hand-pick quotes to make your point.
2. planning4acrash said...
"Wish I was a FTB with cash" I wish I was a BTL who sold up and put all my money into Gold in June!! Oh, what it would be to not have to worry about money anymore!!