The Masked Tulip Report post Posted February 9, 2011 "Anybody who looks at the property pages knows that there are houses that have been there not just for months but for years... people need to lower their asking prices" "Banks are technically bankrupt. Mortgage lending will not return for years" Quote Share this post Link to post Share on other sites
eric pebble Report post Posted February 9, 2011 "Anybody who looks at the property pages knows that there are houses that have been there not just for months but for years... people need to lower their asking prices" "Banks are technically bankrupt. Mortgage lending will not return for years" LINK??? Quote Share this post Link to post Share on other sites
Killer Bunny Report post Posted February 9, 2011 See Scottish thread - Scottish HPs in the media Quote Share this post Link to post Share on other sites
The Masked Tulip Report post Posted February 9, 2011 LINK??? Yes, over on the main forum Eric. There is an entire thread about it. A full 20 minute discussion with RICs and an Economist how the banks can no longer lend because they simply don't have the money, how sellers are deluding themselves by not dropping asking prices and how houses are sitting on the market for years because the asking prices are too high and that sellers, and indeed estate agents, have not got it into their heads that the banks are simply refusing to lend vast sums on houses anymore. The banks are going to drive down house prices by not lending. Sellers have not realised this yet. You thinking of buying in Wales Eric? Nice of you to pop over to the Wales forum! Quote Share this post Link to post Share on other sites
tpbeta Report post Posted February 9, 2011 Yes, over on the main forum Eric. There is an entire thread about it. A full 20 minute discussion with RICs and an Economist how the banks can no longer lend because they simply don't have the money, how sellers are deluding themselves by not dropping asking prices and how houses are sitting on the market for years because the asking prices are too high and that sellers, and indeed estate agents, have not got it into their heads that the banks are simply refusing to lend vast sums on houses anymore. The banks are going to drive down house prices by not lending. Sellers have not realised this yet. You thinking of buying in Wales Eric? Nice of you to pop over to the Wales forum! Quote Share this post Link to post Share on other sites
tpbeta Report post Posted February 9, 2011 Newsnight Scotland - regional opt out programme watched by hardly anyone. Quote Share this post Link to post Share on other sites
The Masked Tulip Report post Posted February 9, 2011 Newsnight Scotland - regional opt out programme watched by hardly anyone. Only an Englishman could make such a comment and think it was perfectly acceptable. Quote Share this post Link to post Share on other sites
