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25 Year Low For Of Ftb And Still.......


leefam83

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HOLA441

On the BBC news this morning, Halifax reports 25 year low of FTB yet , yet they still show people talking about "help from parents " " New mortgage products", When for the love of God will these ****ing muppetts see the light. What do they have to see before they admit the market is F***ed.

At least we are seeing mainstream commentry on one of the fundamentals I suppose, but all it would take is for the BBC to end their report on a truthful note and we would have a result.

Does anyone see anything positive from this report from a bearish view ?

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HOLA442

On the BBC news this morning, Halifax reports 25 year low of FTB yet , yet they still show people talking about "help from parents " " New mortgage products", When for the love of God will these ****ing muppetts see the light. What do they have to see before they admit the market is F***ed.

At least we are seeing mainstream commentry on one of the fundamentals I suppose, but all it would take is for the BBC to end their report on a truthful note and we would have a result.

Does anyone see anything positive from this report from a bearish view ?

Desparation in the form of spin. At least they are smiling as they do it.

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HOLA446

This was also on teletext yesterday.

They pointed out that it now takes around 5 years for FTB's to save for a deposit and they need on average 23k compared to approx 9k 5 years ago.

This is classic mis - information.

The ave FTB does not have this sort of money.

Loads of people Ive known put down they are FTB, when in actual fact many have owned in the past and still have equity in a savings account.

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