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Bubble_Bobble

Times Online: "home Loans To Become More Expensive"

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The reader comments at the end of these articles are as bearish as anything on here.

VMR.

I just posted this, but not only has it not been put up they have taken all the other comments off as well. I posted on a previous article on the Times have your say and it never made it. In some ways I am amazed they post any of the comments at all but it is also quite frustrating how they sensor it so much!

"As alluded by other posters be prepared for the shock to find out we actually have plenty of houses in this country to go round and as with the rest of the world our market has been driven by cheap and available credit and massive speculation.

Many banks have changed their lending practices where they make their money on the administration of the debt and because they can securitised the debt into our pension funds they have been far from choosy who they lend to. Give a fool lots of money and they will find a way to spend it, hence ridiculous house prices. The banks with more traditional lending practices have had to compete with the new securitisation sausage machines, this has now come to an end so they will start charging more and the market will adjust to more sensible levels of lending.

Interesting times ahead and Gordon Brown know it!"

Edited by Confounded

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I just posted this, but not only has it not been put up they have taken all the other comments off as well.

I see your comment on there, Confounded, or should I say, "Mark" :ph34r:

As to the comments being as bearish as anything on this forum, could that be because people from this forum are making all the comments?

:lol:

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I see your comment on there, Confounded, or should I say, "Mark" :ph34r:

As to the comments being as bearish as anything on this forum, could that be because people from this forum are making all the comments?

:lol:

I though Mark sounded a trust worthy sort of name. :rolleyes:

I do suspect that we bias these "have your say" opportunities because we always link to them if there is anything bearish to say. I resubmitted it so maybe it did not send properly the first time.

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