Friday, Aug 25, 2006

Why UK should be worrying about falling US house prices

Scotsman: Why UK should be worrying about falling US house prices

HOUSE prices are always a hot topic of conversation. For the past few years, they have just gone up and up, which has made everyone with a property very happy. But now and again, someone throws in a hand grenade: is the housing market headed for a crash?

Posted by pricedout.org.uk @ 03:35 PM (486 views)
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3 Comments

1. indiablue19 said...

Well I like the way that those who predict "bubbles can't go on expanding forever" are cavalierly referred to as "doom mongers." I'd accept "realists." Maybe they should read their own headline.

Saturday, August 26, 2006 12:30AM Report Comment
 

2. bidin'matime said...

But a good article, compared to much of the tripe that you read. Also the comments on the bottom are interesting.

Saturday, August 26, 2006 10:39AM Report Comment
 

3. indiablue19 said...

Bidin'.....
True about the comments being interesting. Especially from "Mike" who seems to set a few people straight. Living in Edinburgh, it is astonishing to hear how little properties were worth in the few years before we moved here. If they hit such levels again, some of these flats will be worth 20% of what they are today. A real caution for buyers who are desperate and keep the sales cranking.

Saturday, August 26, 2006 12:13PM Report Comment
 

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