Tuesday, October 14, 2008
So just how exactly are house prices meant to go back up if there are no bonuses?
Because here http://www.thisislondon.co.uk/standard/article-23572439-details/London+house+prices+cut+by+20+per+cent/article.do it says THE chance to snap up a London property bargain has opened up, the Standard reveals today. The "window of opportunity" has been created by prices depressed by the global financial crisis. Purchasers have been told that now is their best time to close a deal before the Government's £37 billion bank rescue restores confidence to the market. [...] Peter Rollings, managing director of agents Marsh & Parsons, said: "We're 20 per cent down. There are some very, very keen sellers out there. But yesterday was a line in the sand and things should gradually get better."