Wednesday, Nov 19, 2008
NAEA latest cry for Government help
mortgagestrategy: NAEA calls for more government action
The National Association of Estate Agents is calling for more action from the government to prop up the property market. More than half - 54% - of estate agents surveyed said they did not have confidence in current government policies and that more must be done, including a suspension of Stamp Duty. They also called on the Bank of England to further cut interest rates.The survey further revealed that consumers are cutting their asking prices on property - a difficult decision that is already helping the market.
Posted by jack c @ 07:55 PM (241 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Puppee said...
why should the E.A be bailed out they are one of the causes of this mess , more interest rate cuts and there will be a run on the banks as i for one will not leave my savings in the bank if i am not earning decent interest on it , why should i subsidise the borrowers by not earning on my cash , the E.A should have put by some of the money the earnt in the good years , house prices need to fall a lot further before people start to buy they are not going to buy now and end up losing money just to keep E.A in work price houses fairly then things will start moving , houses should be 3.5 x average earnings house are for living in not investments there should be a govt regulation preventing prices getting out of control , STUFF THE ESTATE AGENT'S
2. paul said...
Look, its Alistair The Useless Estate Agent!
"And what exactly should the government do to save your skin?"
...
...
"I don't know ... "