Saturday, Jun 28, 2008
Well Hoorah!
FT: Public has firmer faith in housing market
"People have lost the belief that house prices would rise indefinitely. Three-quarters think prices are falling..."
Good old British public. There's no fooling them.
Posted by letthemfall @ 04:45 PM (421 views) Add Comment
1 Comment
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1. paul said...
"Expectations are important because most analysts think the boom of the last few years was fuelled by people buying property in hope of capital gains."
These analysts are so smart - it's such a shame they are never actually named. particularly when they can't tell a credit boom from a housing demand boom.