Wednesday, October 22, 2008

Steven Norris on the politics of property

Housebuilding will suffer after Brown’s rescue plan

"The damage is already severe. Housing starts are negligible and mortgage applications at all-time lows. Not only is that bad news for construction, but it spills over into falling consumer confidence."

Posted by peter whelp @ 05:01 PM (592 views)
Please complete the required fields.



2 thoughts on “Steven Norris on the politics of property

  • European-bear says:

    “Elsewhere things look bleaker. London mayor Boris Johnson is sticking to his target of 50,000 new affordable homes in London by 2011 but, unless prices start to rise soon, that looks increasingly tough to fulfil. The same is true for the rest of the country. Bob Kerslake’s Homes and Communities Agency will have its work cut out to turn that tide come January. ”

    At the rate prices are going down, there will be plenty of affordable homes in London by 2011

    Reply
    Please complete the required fields.



  • stillthinking says:

    It is nothing to do with confidence. It is entirely putting a gun to the head of the population and asking them to take on a huge debt burden with a 25 year repayment plan. The plan has shown itself up.

    Reply
    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 HousePriceCrash.co.uk.
  • 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Your email address will not be published.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>