Tuesday, February 26, 2008

Tricks to give the remaining smart money time to escape

Ten tips to survive a property downturn

These tips seem designed to avert panic thereby preventing in the short term on run on houses. Equally they looked designed to lure in innocent first time buyers. Meanwhile the so called smart money that has been extracting itself will be given more time to get out.

Posted by mikelivingston @ 07:25 AM (599 views)
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One thought on “Tricks to give the remaining smart money time to escape

  • sacred contracts says:

    Weird – this article starts off being reassuring about why house price drops are good and then finishes off with “think of all those juicy gains you’ve made over recent years –house prices are up an average 59 per cent over the past five years, according to Halifax” which is surely bad news if price drops were good news.

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