Property Price Rises – What has Changed since the last Crash

Property Price Rises

It is interesting to see there is some opinion that we are heading back to the good old bad old days!! This readers letter to the Independent expresses views that started to appear just before the last bust. Food for thought or collective anxiety?

So who is watching the house this time? Banks have a vested interest in seeing prices rise, as they are, perversely, property owners and lenders (no need to worry about conflict of interest?). Vendors are vendors. And agents, ah yes, everyone's favourite hate figure didn't get the reputation by accident.

http://www.independent.ie/opinion/letters/were-drifting-blindfolded-from-one-crash-to-another-34747578.html

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