News and Politics | May 13, 2008 | Comment on this video (2)

Happy house prices

DaveHill
House prices are falling, but is it a good time for first time buyers to invest in a property.
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    News and Politics,   Guardian Vlogs
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    News and Politics,  UK,  Economics,  House,  3 more
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2 comments // Happy house prices // Video

  • grays
    • 0
      grays  

    • some how i doubt the banks will be the ones worse off when all this has blown over.

      Over the last few weeks the government have made the largest interest rate cut in decades. But those drops are not being passed onto the borrowers unless they are tied into a contract and to top it off they have removed all of there tracker mortgages.

      So im sorry to say, the only people suffering from all this is mr and mrs jo public as per usual.

      Peter harrison

    • 3 years ago
  • renardargent
    • 0
      renardargent  

    • I agree. Lets hope that the only real victims are the bank/building society and estate agents who got themselves into the mess by a) lending money to folks who couldn't pay it back and b) causing rampant house price inflation.

      I know some folks might get their homes repossessed, but they shouldn't have got a mortgage in the first place.

    • 4 years ago
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