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Customer Discussions > How to Buy a House forum

Will this banal duo have a series when the inevitable house price crash happens?

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Initial post: 27 Jul 2007 03:18:16 BDT
From recent signs, it looks like the hpc could be here:
"You know the HPC is here when:

1. Real house prices are falling with Nationwide's seasonally-adjusted MoM HPI at 0.1% (annualised = 1.2%, compared with CPI 2.4%, wage inflation 3.3%, RPI 4.4%)
2. Interest rates are on their way up (inflation is above target, input prices are rising like crazy, and as soon as IRs go on hold the pound will tank driving inflation higher)
3. Mortgage lending is tightening (and credit spreads are widening as takeover deals and bond issues collapse on all sides)
4. The media is negative day after day (after day)"
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Discussion in:  How to Buy a House forum
Participants:  1
Total posts:  1
Initial post:  27 Jul 2007
Latest post:  27 Jul 2007

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How to Buy a House
How to Buy a House by Phil Spencer (Hardcover - 9 Sept. 2004)
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