(02-11-18, 07:44 PM)YamFazFan link Wrote: I'd have thought house prices falling by 10% was a good thing!.
Makes them more affordable for first time buyers and doesn't affect those who already own because everyone else's drops too.
Bring it on I say.
Haha, I've heard that said a before. It makes me laugh because it defies logic. Think it through... The economic downturn will mean people are worse of with less access to credit. The result being people have less opportunity to buy houses and the prices fall.. (Cause and effect)... and you're saying it will help people to buy houses, the people that are now worse off with no access to credit.
-suck-squeeze-bang-blow-