By how much will house prices crash ??
07 January 2008, 03:57 PM
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Many people could only afford to buy /move due to over generous lending terms eg 10 x crap income.
If people aren't getting whopping salary increases and banks are shifting back to more sensible lending..how are people going to be able to afford to buy/move unless prices do come down?
If people aren't getting whopping salary increases and banks are shifting back to more sensible lending..how are people going to be able to afford to buy/move unless prices do come down?
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