Monday, April 16, 2007
Are we heading for a crash?
There's been some comment on our Property - Markets and Trends discussion board that the current housing market feels similar to that of the late 80s. One poster argued that there were ten buyers to a house back then and greater numbers this time. Shortly after the housing market went ballistic, he writes, the market went into reverse. Foolish writer Cliff D'Arcy also fears the worst, as he explained in Why The Next Housing Crash Will Be Worse! However, another Fool.co.uk expert argues there is no crash imminent!