Tuesday, Jul 20, 2010
Scenario 6 - yep they probably will still hit 175,000 in the second leg of this crash
Daily Mail: Repossessions could hit 175000 a year
Secret report, 'Scenario 6' commissioned last year by the Department for Communities and Local Government and compiled by top academics at Oxford University, was kept under lock and key. It projected possible 175,000 repossessions in 2012.
'Since the forecast was made, however, the economy has emerged from recession - making the projected figure redundant.' but hold on - we've only just come to the end of the dead cat bounce!
"It exposes the gulf between the Labour Party's rhetoric and the sensitive state of the housing market".... humm care to comment Gordon???
Posted by silverfinger @ 01:38 AM (345 views) Add Comment
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