Thursday, Oct 25, 2007
Gloom, gloom, gloom... aha hahahh ahhah... 27% lower than a year ago!!!
Times: Sharp drop in mortgages increases housing gloom
New September approvals fall to a seven-year low, are 14% down on August and 27% lower than a year ago. Let us prepare to see scores of EAs close their shops, and selling their stupid Mini's for cheap. Mr Newland said: "All in all, we expect mortgage demand, and other indicators of housing activity, to slow further in the coming months, consistent with quite a sharp slowdown in house price inflation in 2008." What sloowwdooowwwn? It's a crash!
Posted by confused76 @ 01:20 PM (615 views) Add Comment
5 Comments
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1. Stevie Dee said...
Hi confused76, just want to say how much I enjoy reading your input. Genuinely. Not only is it informative, but I enjoy ha ha bits too. Thanks
2. Dickie 2000 said...
You hope its a crash or you are stuffed!!
3. su said...
I suspect Confused's ha ha will change to Ho Ho Ho as we come into the "season of goodwill" ;-)
4. cornishman said...
All this talk of gloom - we need some Glorious Sunshine!
5. sold out said...
The crash is defineately building momentum.When and where shall we have our hpc bloggers party?I reckon about June 08 somewhere in London, any other suggestions?