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The 'C' word has been changed :)
nelly_2
Posts: 17,863 Forumite
It aint crash.....
or even correction.....
its now officially - 'cycle'
From the BBC -
Theres been a few threads on here lately about flats starting the cras....um correct....um cycle sorry
full story here
or even correction.....
its now officially - 'cycle'
From the BBC -
This may suggest that the market for apartments is simply experiencing an earlier or more pronounced cycle than the rest of the property market.
Theres been a few threads on here lately about flats starting the cras....um correct....um cycle sorry
full story here
0
Comments
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Theres another story on the BBC here today too
http://news.bbc.co.uk/1/hi/business/6265434.stm
it sort of rings a bell this to me!
Something happened around 1990 to do with houses, credit and rising interest rates?..............something to do with bikes was it?0 -
Another cycle will be in evidence tomorrow, the cyclical nature of interest rates.
Is there some sort of correlation do you think ?anger, denial, acceptance
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I still cannot believe that some people thought that interest rates would remain low low for ever.The lowering of interest rates in the US was to fend off a recession.Here and in the Euro zone followed suit.Imho this action has done nothing more than putting off the fatal day.The cr---,opps,correction has already started,just basic economics.Asset classes and in particular,house prices have reached boiling point.It`s going to get very interesting!0
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