Friday, Sep 15, 2006

Telegraph opinion on the housing bubble

Telegraph News: The dream of home ownership must one day surely shatter

This article discusses the desire to own a home, the wellbeing that may people have knowing that the value of their home has risen and the terrible debt burden taken on by FTBs in buying their first home. It concludes that we are in a bubble, that the bubble will surely burst and with it the dreams and illusions of so many people.

Posted by othello @ 01:46 PM (536 views)
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3 Comments

1. webmaster said...

What an excellent article, althought Andrew Gimson does stop short of predicting a full blown crash.

Saturday, September 16, 2006 11:47AM Report Comment
 

2. sirgoogle said...

Wow. Is this man a contributor to this blog ??

Saturday, September 16, 2006 08:56PM Report Comment
 

3. bidin'matime said...

The comments that follow the article are also interesting - useful to sometimes also read the views of people other than HPC fanatics..

Saturday, September 16, 2006 10:40PM Report Comment
 

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