Sunday, June 17, 2007

Property news, the week that was…

Firstrung, first time buyers the week in focus

Property news over the past week appeared to be exclusively dominated by one subject, first time buyers. In some respects the Firstrung team exhaled a collective sigh over internet connections each time we received another press release with the title header "first time buyers". Moving aside the re-cycled obvious comment there were three main newsworthy discussion points that emerged: many first time buyers have given up hope of ever owning, the crisis in the housing market is getting worse and perhaps the most poignant of the news stories - the decade long run on house prices has finally ruined successive government ambitions of creating a sustainable home owning democracy as the first time buyer ladder appears to have been kicked away...

Posted by converted lurker @ 11:10 AM (458 views)
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