Thursday, Aug 06, 2009
BBC Bearish???
BBC News: 'No quick return' to housing boom
This Chartered Surveyors Report has been featured elsewhere. I've put this on because of the out-of-character spin put on it by the Beeb.
Posted by nomad @ 11:15 AM (465 views) Add Comment
1 Comment
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1. mander said...
These people are completely deluded. Banks are buying the houses right now in order to save their inflated assets. Creditworthiness of the people taking the loan is no longer a problem for them but it is for us because the taxpayer has been replaced with their credit default swaps.
Long live the bubble!