Sunday, Jun 25, 2006

First time buyer news for the past week

Firstrung: Firstrung, first time buyers, the week in focus

The Nationwide report on first time buyers was perhaps the major news item of the week. Underpinned by comment from their chief economist and convincing graphics, FTBs could be forgiven for believing that conditions favoured a group that has diminished rapidly. However, the key thrust of the Nationwide argument is that a "fresh faced FTB" is not in fact an FTB. Is this the point at which the report loses all credibility, or did it lose the attention of most FTBs when insisting that 40% of current buyers were first time?

Posted by Converted Lurker @ 12:19 PM (503 views)
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