Sunday, Oct 07, 2007
VIs forecast 2008 house prices in line with inflation
Times: The pressure's on
Banks are tightening their lending criteria, which will hit Britain’s own “sub-prime” borrowers – among them those investors who have mortgaged themselves up to acquire buy-to-let properties. With next year’s City bonuses expected to be smaller than this year’s, even some of the usually ebullient agents who work the exclusive end of London’s property market are beginning to adopt a more thoughtful and guarded tone. So, what will happen in 2008?
Posted by confused76 @ 11:11 AM (883 views) Add Comment
4 Comments
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1. headmelter said...
"On the other hand, nobody predicted the “sub-prime” financial crisis, which spread from its origins in the trailer parks of Florida to hit confidence across the world and push up mortgage rates in middle England. "
Yeh, nobody with a VI predicted it but a lot of us were well aware of the coming tsunami.
2. sirgoogle said...
Watch Panorama on Monday - it is all about sub-Prime UK
3. inbreda said...
"VIs forecast 2008 house prices in line with inflation"
Should read
VIs forecast 2008 house prices in line with DE-flation
4. enuii said...
And just what is the real figure for inflation? 2%, 5%, 10% ???????????????????????