Saturday, Mar 29, 2008
Sentiment is on the move
Moneyhighstreet.com: Falling house prices become a reality
By Fergal Barry-Murphy. Published On 29 March 2008
Falling house prices become a reality
For British homeowners, the key question is no longer whether house prices will fall, but how much they will fall by. Some would argue that we should brace ourselves for a housing crash, while others expect a more subtle adjustment.
What is sure is that house prices are falling. There are a number of contributing factors and in this case it is difficult to find a scapegoat for this worrying trend. For the most part, outside factors such as the global credit crunch are to blame. What is more, the rate of growth that we saw through the 1990s and the first half of this decade was unsustainable and had to come to an end at some point.
Posted by bufferbear @ 03:25 PM (221 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.