Jump to content
House Price Crash Forum

Donald Trump Says Uk Will Avoid Worst Of Property Plunge


Recommended Posts

Speaking to The Times Mr Trump said that Britain did not have so much over-supply, a problem that has seen the US endure one of the worst property recessions since the 1930s.......

and then he has this to say:

The problem with the US market is nothing to do with supply and demand, it is because people cannot get credit

So it is and isn't to do with over supply! Classic.

We have exactly the same issue as the US - Lack of credit and will consequently have a similar housing crash........except we're starting to fall from much higher up. :lol::lol::lol:

Link to post
Share on other sites

Like a knight on his charger the infamous Donald Trump is riding to the rescue of the UK government suggesting that UK property will not suffer the same fate as US property where prices have collapsed over the last 12 months. Trump, who is in the process of finalising a £1 billion golfing development in Scotland, believes that the UK property market has not been over developed during the last decade, leaving a healthy gap between natural demand and natural supply (the UK has always had a system where the balance is always in favour of demand).

http://financialadvice.co.uk/news/9/proper...K-Property.html

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    No registered users viewing this page.

  • 439 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.