Tuesday, September 25, 2007
On the Brink of a Crash
UK Housing Market on Brink of Price Crash - Media Lessons from 1989!
BTL jump ship... The UK Housing market is teetering on the brink of a crash led by the buy to let sector investors jumping ship. But the messages coming from the major banks and UK central bank are still benign. In many ways the situation is reminiscent of the initial stages of the the early 1990's property bust, which was also accompanied by soothing statements that ignored the facts on the ground as this article will illustrate
Posted by stew @ 12:45 PM (535 views)
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Mechos says:
In this article Market Oracle predicts a 15% price fall over the next two years!
One to add to the table of the front page?
Or does hunting down and including only ‘bad’ news demonstrate too much bias?