Response to Any signs of a downturn in the housing market yet?

well my friend, you may have had reports of a downturn for three years but the press doesnt lie, London is down by 15-20% in certain areas and although those with vested interests are desperately talking the market up, the plain fact is that FTB'ers are NOT first time buying, when the foundation element of the housing market runs for cover just how long to you think that houses that cost 6 or 7 times salary will remain that way huh? the crash is coming my friend and you heard it here first !! this site is going to get a lot slower with all the buy to let brigade having troubles with their mortgages !!

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