Monday, Apr 27, 2009
Hope For Housing Market As Price Falls Slow
Daily Express: HOPE FOR HOUSING MARKET AS PRICE FALLS SLOW
"House prices fell at their slowest rate for more than a year during April as potential buyers returned to the market, figures showed today."
Posted by becky @ 11:19 AM (1747 views) Add Comment
11 Comments
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1. paul said...
Did they miss something about the BBA's figures today, or is the Daily Express printing yesterday's news - TODAY!
2. This comment has been removed as it was found to be in breach of our Blog Policies.
3. tyrellcorporation said...
Brickormortis, unfortunately you're preaching to the converted and the vast majority of the population attend the Church of BTL! Totally agree with your rant though.
4. letthemfall said...
Despite the slow-to-die misapprehension that houses are a guaranteed route to riches, I don't think there are enough super-rich to push prices up again as they buy up the housing stock. And if incomes are set to fall, who will pay the rents needed to make BTL pay when house prices are still well above trend. It's hard to find material worth reading in any newspaper these days, but it will never be found in the Express (spit on floor now).
5. bidin'matime said...
The 'upturn' is a reason to rejoice - it will suck the remaining cash out of those ‘investors’ who believe in the housing market at current levels and leave them to fry with the rest when prices really crash. Sadly it will also suck in more FTB's, but they too could read this site to see what is really happening.
Enjoy the ride - we're still only just off the top of the roller-coaster...
6. mander said...
"But it said the increased sales levels were being driven by cash investors ..."
I do not believe there are enough cash rich investors out there, so houses are sold to investors not to people to live in and you have kept your savings in the bank waiting for prices to come down to Earth and guess what in the end your savings have been already invested in housing market so you find a safe place to rent. Great capitalism or Feudalism?
7. brickormortis said...
tyrellcorporation said..."The church of BTL". Very funny, very funny indeed! :@)
8. doomwatch said...
MI9 pig flu conspiracy to assissinate Diana helps green shoots in housing market according to NationalRoffschild birth certificate slave bank.
9. Alaninstockport said...
Well put doomwatch, or should I call you David Icke?
10. iguana said...
doomwatch
Mr and Mrs Iguana fell about laughing!!!!!
11. crunchy said...
I thought that was so funny that not only did my face glow red my whole body glowed, untill somethig dropped off.
I was livid!