Monday, Oct 27, 2008
House price slide continues (2)
Metro: House prices may fall 25 per cent by 2010
This is just a rehash of the CEBR report, but all good stuff nonetheless. You do wonder who is daft enough to buy into this market.
Posted by mark wadsworth @ 09:43 AM (867 views) Add Comment
7 Comments
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1. jonb said...
Nobody. Have you seen the number of people visiting estate agents recently?
2. str 2007 said...
Believe it or not I am still seeing £5-600k houses selling. Can't believe it myself either. Admittedly not as many as previously but some none the less.
3. titaniccaptain said...
@STR2007
This could be the last of the rich trying to put their money somewhere when all the markets are collapsing around them.................it wont last long........this could be a sign of your bounce techieman.......I have noticed in my area top end movement when the middle is dead but there we go................a simple attempt at wealth preservation when the markets are in panic..........nothing to worry about
4. titaniccaptain said...
@jonb
"Have you seen the number of people visiting estate agents recently?"
Probably just me torturing them over their overpriced stock and making offers of 30 grand for a 3 bed and how they wont get a better offer in 2 years...............hey diddle dee dee a rascals's life for me
5. doomwatch said...
I think 25% is VERY optimistic for the end of 09.
6. Fjcruiser said...
EA and vi talk.
7. Davros said...
The magnitude of the boom will be mirrored by the magnitude of the bust, just as it has in previous booms. The recovery is fantasy.