Thursday, July 12, 2007

Signs of desperation

All set for slowdown

The Times blames the MPC for - finally - doing their job. These greedy property cheerleaders, with their boss Anne Ashdown, crying and crying about rate rises. For love sake, prices have gone up 100% in the past 4 years now these [email protected] have to write entire pages that if house prices just flatten the blood is on the BoE hands! The best of it is that they will not be able to talk the market up for long, BTLers will exit en masse as soon as they stand no chance to make capital gains (i.e. now)

Posted by confused76 @ 11:18 PM (529 views)
Please complete the required fields.



2 thoughts on “Signs of desperation

  • So there you go everyone. You might as well close this site down, because Paula Nostradamus Hawkins tells us exactly what is going to happen in detail to the housing market.

    ‘Paula Hawkins explains what impact the latest rate rise will have on the housing market.’

    Note will, not might.

    Reply
    Please complete the required fields.



  • “The impact of a rate rise takes a while to kick in. It’s a bit like turning a supertanker. My fear is that if rates increase too sharply, they will overshoot the mark and we could find ourselves in a recession.”

    Exactly, but in the real world the same rules should apply on the way uip and on the way down. If rates drop 5 times in 1 year everyone starts re-mortgaging and spending like crazy………those people shouldn’t moan when they go the other way.

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>