Tuesday, May 13, 2008
HSBC Director of Economics tells us property might not only go up in value
The Independent: Stephen King: As safe as houses? How harsh realities are dispelling the home market myths
Funny how the 'experts' are so wise now HPC is alive and with us already. With all these experts working for them, it makes you wonder why HSBC piled into mortgage-backed securities and has lost $15.6bn so far.
Posted by doom&gloom @ 04:27 PM (117 views) Add Comment
2 Comments
- 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.
1. Chasbmw said...
This article quite neatly sums up the reasoms why I think that there will be a HPC.
Charles
2. scandinavian pessimist said...
"the baby boomers need to sell their properties to the next generation which, by definition, is fewer in number"
Now that's actually something I haven't heard before. A very interesting observation indeed.