Wednesday, Jun 25, 2008
Some wishful thinking?
Citywire: Pent-up demand for houses could lead to sharp upturn
"Now may not be the best time to buy a home but it certainly isn't the worst. In spite of the dramatic slowdown in the housing market with house prices having lost virtually all the gains of the past 12 months, evidence is beginning to emerge that when confidence returns to the market, the upturn could be sharp, releasing considerable pent up demand from buyers."
Posted by w smith @ 02:37 PM (342 views) Add Comment
1 Comment
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1. it_is_going_with_a_bang said...
Surely not someone saying after a fall there is a rise?
Is the sun setting tonight - erm yes.
However - if the advice is keep buying it will be alright - then I'm afraid it is not "Reliable independent information and expert advice".
Affordability will be the key factor now and for a long time yet.