Wednesday, August 27, 2008
To quote a response – “You really haven’t got a clue, Anne.”
"By 2012, she suggests that prices in the South East and Scotland should once more be at their 2007 level, thanks to a shortage of homes and local purchasing power. " ........."supply and demand, supply and demand, supply and demand". It's a lot like Dorothy repeating 'There's no place like home, there's no place like home". Supply and demand is just some VI's mantra to help get them up in the morning and therefore total and utter fantasy. "Local purchasing power" must mean she sees a return to mega bonuses and ever decreasing LTV's and ever increasing income multiples. Where do they find these people?