Donnell Sees U.K. House Prices Falling 1 Percent in 2011

Posted by admin on April 2, 2011 Leave a comment (2) Go to comments

March 31 (Bloomberg) — Hometrack Ltd. director of research Richard Donnell discusses U.K. house prices.
He talks with Francine Lacqua on Bloomberg Television’s “On The Move.”

Duration : 0:3:51

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2 Comments.

MikeOxsmells April 2, 2011 at 10:44 pm

Reality finally …
Reality finally prevails. Are all those with a vested interest (estate agents, lenders, investors etc) going to continue peddling the lie that everything is rosy, as we watch the housing market teetering on a cliff edge? Is anyone going to fall for the new first-time buyer’s scheme, only find themselves with an overpriced property in a falling market and a mortgage they can’t afford due to rising interest rates? Here comes another negative equity/ repossession epidemic. Will we ever learn?
waldentree April 2, 2011 at 10:44 pm

gently accelerating …
gently accelerating downwards…