Sunday, January 6, 2008

DEFCON 2 reached

Firstrung, first time buyers, the week in focus

Firstrung are concerned that the mainstream media are hasitly predicting the re-emergence of the 'lesser spotted' first time buyer. FTB house prices increased by an average 19K in 2007, prices for FTBs were for the most part too expensive in 2004. Therefore it's way too early to confirm the 're-birth' of the FTB, unless the mainstream media is predicting a 35% crash...er..well they'll get back to you on that one, after they've checked with the Director of advertising sales and the housing supplement section editors...

Posted by converted lurker @ 12:19 PM (452 views)
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2 thoughts on “DEFCON 2 reached

  • Bubbles. . . . says:

    Wow! I thought we were already in a crash situation with Rightmove reporting £7500 fall in prices for December! That will almost certainly upset the gravy boat…and also the Bank Of Brewn can try and cut intrest rates more but will have no effect look at USA prices still dropping (obviously it was a bubble, when others said it wasnt!) FTB will have the power back that has been robbed from them so cruely by this BTL culture. So if you save 800-1000 a month for your deposit and houses fall by 500 a month = the real amount you are actually saving is £1500! While the BTL will be losing FTB will be gaining! If we all still have jobs and inflation doesnt run out of control and we can avoid any icebergs..The future looks ok ish….

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  • it_is_going_with_a_bang says:

    Leeser soptted FTB ….

    Thats right FTB having just seen 6 months of panic and pain are going to be itching to part of it.
    Not.

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