Archive for September, 2008
The financial Golden Goose Has Been Cooked By The House Price Bubble
The council of Mortgage Lenders have admitted that it is ‘futile’ to attempt to estimate house price movements in the near future. No one should be too surprised at that. Over the last couple of years we have seen all sorts of expectations and predictions about house prices. How many have proved right?
A couple of [...]
Should We Feel Sorry For The Banks?
Well the banks are still struggling to find enough cash to keep the financial industry wheels moving. You can tell that times are hard because while ordinary people are struggling to pay the electicity bills, gas bills, and mortgage repayments, the bankers are still sitting in their plush offices in some of the highest priced [...]
