Thursday, Jun 26, 2008
More on the Supply side to add to the slump in prices
Sky News: Millions Planning To Sell Their Homes
About one in eight homeowners are planning to sell their property in the coming year despite the current housing market downturn
Posted by doomwatch @ 11:56 AM (889 views) Add Comment
14 Comments
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1. george monsoon said...
They are in for a shock.
2. george monsoon said...
They are in for a shock.
3. Borisina said...
Do anything and everything except drop the price. I think its going to be a long hard road.
4. handle_it said...
"planning" being the key word here. How much money is going to be available to fund these sales ? The market will find its level but other than DDD's I can't foresee too much activity...
5. george monsoon said...
Whats a DDD?
and sorry for the double post earlier.. must have hit the button twice.
6. handle_it said...
Death, Disaster and Divorce.
7. need-a-crash said...
So you're saying few people will sell over the next few years... isn't that bad for us?
8. plato said...
This can only mean that prices will plummet. As of course they should. Be patient FTBs.
9. mark wadsworth said...
Death, debt, divorce, disaster, dole, drunkenness, disability, djail.
10. sosoon said...
Mark, I believe there are circumstances where benefits are paid earlier than normal for the social security mortgage interest payment, and one of them is if you get Djail.
11. Alex228 said...
It only means that we will get nicer, done up houses eventually
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