Thursday, Dec 10, 2009
Up, down,Up,down etc...etc...
Telegraph: House prices 'to fall by 10pc in 2010'
Ed Stansfield of Capital Economics, the consultancy, cast doubt on the sustainability of this year's rises and said any bad news on the economy or unemployment could send the market into reverse.
Posted by estrader @ 11:31 AM (1109 views) Add Comment
2 Comments
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1. stillthinking said...
"the housing market looks vulnerable to the increase in interest rates that would be triggered by a strong recovery."
Pretty good point in all fairness, apart from the dream of a strong recovery. Damned either way and unavoidably. The only thing left of issue the level of unemployment after gov. credit card is ripped up, to what extent sterling holds value and how much of our disposable income get sucked into government.
2. Alfie said...
Ive been thinking about joining the 'experts' on predicting house prices for 2010
But in the end I think the odds are better if I do the National Lottery.