Saturday, June 14, 2008

Morgan Stanley’s negative-equity-o-meter

More pain for borrowers

This article appeared in today's Times (although it is dated 12 June?), the killer sentence is "Morgan Stanley, the investment bank, believes that a further two million households are at risk of owing more than the value of their property if house prices fall 20 per cent by 2010" So that's a nice round 100,000 households in Nequity for every 1% fall in prices!

Posted by mark wadsworth @ 12:12 PM (613 views)
Please complete the required fields.

One thought on “Morgan Stanley’s negative-equity-o-meter

  • Bad news is retrospectively buried. Expect no better from Times online I’m afraid.

    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Your email address will not be published.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>