Independent: Fears for house sales are fuelled by 39% fall in mortgage lending
Independent: Fears for house sales are fuelled by 39% fall in mortgage lending Another article looking at the issue solely from the perspective of sellers. Classically silly quotes here: “Savings inflows have improved, thanks to rising interest rates and the climax of the ISA season, although every pound saved is one denied the nation’s retailers and housebuilders.” So every penny kept in the pockets of consumers is bad, and every penny “denied” by those people for housebuilders is a bad thing? Sean O’Grady needs to check his priorities.
Original post by paul
This entry was posted on Wednesday, May 28th, 2008 at 3:39 am and is filed under Housing. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback