Monday, Aug 11, 2008
Absolutely love this guy
Patrick Dixon aka a mr motivator: UK house prices? July 2007 comment on longer term outlook and warning of potential short term 10-15% house price fall.
CDs are costing nothing, Cars are going down to zero. So you can manage 8 times your salary. Brilliant- where do i sign? Please tell me he still believes it.
Posted by techieman @ 03:08 PM (152 views) Add Comment
1 Comment
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1. new user 2007 said...
Gave up after 2 minutes...
so we are a densely populated island? so is Japan, perhaps he should look at what happened there.
unlucky us, we are an island...so when landlocked countries run out of land he is apparently of the opinion that they can just invade next door?:) without that implication the island argument is a nonsense.
No link between the credit cycle and house prices, just shortages...yet prices are falling despite no fall in population and still limited building. They are falling as credit is not available, but it was not credit driven?:)