Sunday, December 23, 2007

Reality Hits the Reality TV Watchers Favourite Paper


Experts at the Halifax warn that 96 per cent of First Time Buyers wanting to buy cannot honestly manage the mortgage payments and RICS follow up at the rear of the article by stating that they will soon be OK because house prices are falling and repossessed homes will be coming on to the market soon and NewLiebor are going to build 3 million new flats (sorry homes) by 2020.

Well thats alright then innit!

Posted by enuii @ 03:13 PM (778 views)
Please complete the required fields.

4 thoughts on “Reality Hits the Reality TV Watchers Favourite Paper

  • it_is_going_with_a_bang says:

    “A spokesman said: “There is huge pent-up demand. If prices drop in the early part of the New Year, many will pounce.” ”

    Is he having a laugh? Why would you ‘pounce’ to buy something worth a small fortune and possibly lose up to 2k a month in deflation.
    A laugh a minute. What’s the matter RICS – not enough valuations to do? …. ah thats a shame.

    Please complete the required fields.

  • “Homes [in Henley-on-Thames] cost an average £642,672 – 13 TIMES the average salary of people in the first time buyer bracket.”

    So that means that the average salary of a FTB in H-o-T is over £49,000 per annum. Not bad.

    But it gets better: “The cheapest place to buy is Bootle, Merseyside, where an average house costs £112,689 – 3.4 times the £32,749 a first time buyer earns.”

    Er… £32,749 in Bootle? Where are they getting these numbers from? Are the figures supposed to be local or country-wide? Are they just making numbers up in a frenzy of bearishness? Are they drunk?

    Please complete the required fields.

  • Scunnered…

    I should like to know what chemical substances they are taking…

    Please complete the required fields.

  • 3 million new homes? Who’s going to build them as the private sector are freezing house building at the moment.

    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
  • 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Your email address will not be published.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>