Monday, March 19, 2012
You always thought they had a bad attitude – now you know!
He said: â€œWe should anticipate a rising trajectory for real house prices over the longer term". "However, a housing boom would be out of reach for first time buyers", he added, "because credit will remain in short supply. Before the financial crisis, buyers did not need a deposit to secure a mortgage. Since the recession, though, large deposits have become essential".