Saturday, Apr 19, 2008
Falling houseprices a good thing
Telegraph: Why is everyone worried about house prices?
A good antedote to the Kirstie article in today's Telegraph:
"If you study media reporting of our current economic discontents, you notice something strange. Rising fuel costs, utility bills, startling food price increases are represented as bad. But house price increases are considered good. The headlines about the housing market are all about falling prices, and they invariably contain words like "gloom". Why? Gloom for whom?"
Posted by bigbang @ 01:16 PM (148 views) Add Comment
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