Friday, Jun 02, 2006

The Hip Report

Firstrung: The Hip report - an invaluable resource

As first time buyers, if you want to avoid the petty political point scoring instigated by the misguided opponents of HIPS, then Firstrung recommends book-marking The Hip Report for future reference.

Posted by Converted Lurker @ 10:33 AM (504 views)
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1. talking rot said...

By following several links and reading what EAs had to say, I came across this:"Why killing off speculative buyers and sellers could have chilling results says Michael Day, Chartered surveyor and MD of Integra Property Services."

Oh dear, dear me. Is the EA worried that he might not be able to so much money from the speculative trade? How sad. He won't be able to talk up the market either. Oh, I'm so worried that many EAs will go to the wall.

I don't have a clue how HIPS will effect the market but if they kill off the speculative buyer then prices may return to a sustainable level. The average m,an in the street could afford to buy a home with a chance of paying off the mortgage by the time he's mid-50s and thus build up his pension pot. Isn't this a good thing?

Friday, June 2, 2006 12:49PM Report Comment

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