Wednesday, September 26, 2007
When the fat Lady sings?!
"But Barratt said the long-term picture for house prices was still positive". What, in that house prices should be 3.5x wages on average and in that the long term sustainable price continues to rise?! What exactly is a slowdown? What a non-commital term, how long until the slowdown becomes crash, becomes slump, becomes meltdown?!