Wednesday, Dec 10, 2008
Prices to continue falling
Telegraph: Home owners fail to benefit from rate cuts
'Seema Shah, a property economist at Capital Economics, said: "With the recession now taking hold, unemployment rising, and lending criteria still tight, new buyers will be searching for bargains. As such, they are more likely to add downward pressure to house prices rather than bid them up." '
Posted by letthemfall @ 12:44 PM (238 views) Add Comment
2 Comments
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1. luckyjim said...
Thanks for the post letthemfall,
Funny how the 'on topic' posts attract fewer comments. I guess it's all been said before.
2. letthemfall said...
Hi luckyjim
Well, I think we are all satisfied that the hpc is happening and so attracts less interest, one reason why there are now more sideshoot topics posted - they do attract most of the comments. See my comment on s2r1's post - way down a long list.