So what makes you think house prices are out of control?
So what makes you think house prices are out of control?
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Discussion

Code Monkey

Original Poster:

3,318 posts

287 months

Thursday 10th November 2005
quotequote all

jas xjr

11,309 posts

269 months

Thursday 10th November 2005
quotequote all
only if you live in london

minimax

11,985 posts

286 months

Thursday 10th November 2005
quotequote all
it's just supply and demand...

shnozz

30,649 posts

301 months

Thursday 10th November 2005
quotequote all
looks like a right sh1thole too.

fid

2,431 posts

270 months

Thursday 10th November 2005
quotequote all
minimax said:
it's just supply and demand...
Yes, but the demand is only there because of low interest rates allowing for high demand. And the low interest rates are there because we have a complete -up of a government that thinks that borrowed money actually equals a good economy.

When a government is so blind that they can't see they're borrowing beyond their means, they're unlikely to stop the rest of the country from doing the same thing.