"Anita Palley" wrote in message
oups.com...
On 8 Nov, 13:35, mogga wrote:

www.housepricecrash.co.uk

Beware! That place is a support group for the dispossessed, not a
place for rational analysis of the housing market. A considerable
number of them sold up in 2003 and have been calling a crash everyday
since. I'd put about as much credence on their opinions as I would on
Foxtons.

PWC produce monthly roundups of the whole British Economy which are
pretty comprehensive, and rather better informed. Latest one is here,
see pp.22-26 on the housing market. Their "central" prediction is slow
growth. Their worst-case (5% probability) scenario is not a disaster.
http://www.pwc.co.uk/pdf/uk_economic_download_nov07.pdf

The house crash doomers are politically motivated. For 10 years I have
heard this and they are preying for one to get the government out. The
economy has been very well run over the past 10 years which irks the
opposition.