Friday, October 19, 2007

The sheeple do like to bury their heads in the sand!

Public remain confident in house price growth

Consumers remain confident that property prices will continue to rise despite evidence to the contrary, research shows.Almost two-thirds (62 percent) of consumers believe the housing market will continue to prosper, a poll of 1,004 adults commission by the Association of Investment Companies (AIC) reveals.That is despite signs that five interest rate hikes since last August are starting to cool the property market.

Posted by davethebox @ 10:28 AM (546 views)
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2 thoughts on “The sheeple do like to bury their heads in the sand!

  • Yes, all 1 million of them who paid their mortgages by credit card last year….

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  • This country is a ship called The Titanic. About 5 years ago the guy in the crows nest shouted “Iceberg!”. Sadly the party in the First Class Lounge drowned out his cries and the Captain has been increasing speed ever since. Hold tight………………

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