Monday, March 10, 2008
Public demand ‘decisive’ house price cuts to stimulate demand
"Unless decisive action is taken now to reduce interest rates and more normal conditions return to the mortgage market, it is likely that volumes [in 2008] will be well below those achieved in 2007." ......try to sort out your business model/ PRICING and stop expecting someone else to get you out of your own mess. The banks and lenders won't drop rates even is the BoE do. OPEN YOUR EYES.