music man Report post Posted June 21, 2006 (edited) Telgraph view showing professional opinion. http://www.telegraph.co.uk/money/main.jhtm.../ixcitytop.html Telgraph view on not beliving them. http://www.telegraph.co.uk/property/main.j.../17/prosy17.xml (EDIT MISTAKE) Cwazy Man. Edited June 21, 2006 by music man Quote Share this post Link to post Share on other sites
TW11 Report post Posted June 21, 2006 Check the date on the second one Quote Share this post Link to post Share on other sites
music man Report post Posted June 21, 2006 Oops. They still advise not listening to the V.I.'s which was my point. Even though they may have not been on the same day. Quote Share this post Link to post Share on other sites
pootle Report post Posted June 21, 2006 The most interesting comment is right at the end.... "We've already had one danger sign: a fall in the turnover of property. But the sign I will really be looking out for is a drop in mortgage lending. At that point the market will be in trouble." Quote Share this post Link to post Share on other sites
BandWagon Report post Posted June 21, 2006 (edited) "We've already had one danger sign: a fall in the turnover of property. But the sign I will really be looking out for is a drop in mortgage lending. At that point the market will be in trouble." He's spot on. The first warning shot was fired around August 2004, when there was a sudden drop in transaction volumes. That was the time to get out. Since then the market has been erratic, with little direction. The next stage will be a dramatic drop in mortgage lending. When that happens, it's game over. Edited June 21, 2006 by BandWagon Quote Share this post Link to post Share on other sites
Kam Report post Posted June 21, 2006 The next stage will be a dramatic drop in mortgage lending. When that happens, it's game over. drop in what ? All mortgage lending , mortgage lending on house purchases or remortgages? Quote Share this post Link to post Share on other sites
