Saturday, July 12, 2008
HPC-denier still desperately clinging on
It's hard to avoid the headlines screaming about house-price crashes – but that doesn't mean there will be one. I am not suggesting that house prices in Scotland are likely to rise this year as they have done in previous years – a fall is entirely possible, although increasingly unlikely. A slowing market represents the best opportunity a buyer has of buying well, especially in a market with long-term over-demand/supply constraint problems.