Bugared if I know , it's all nagging me stupid , nothing adds up.
First of all he was talking over 10 yrs don't forget , we're only 12 mths into that and that's all been interfered with through stimulus anyway.
So now we have an artificial 9x av wage housing spike lower end right when things were winding down naturally - US and UK both tanked at 7x , yet they have a lot more people than us to house.
I did hear real 60% top end drops just the other day.
He was one of the few to call the worlds troubles.
Hardly anyone saw the stock market crash either but there were a few.
Then we have our own Gov' predicting an 81/2% unemployment by 2010-11.
Why are the banks even lending on these sort of prices at times like these then, nothing makes any sense.
One thing I would really like to know though is how long the Gov' can keep it up and what happens when that stops ?
First of all he was talking over 10 yrs don't forget , we're only 12 mths into that and that's all been interfered with through stimulus anyway.
So now we have an artificial 9x av wage housing spike lower end right when things were winding down naturally - US and UK both tanked at 7x , yet they have a lot more people than us to house.
I did hear real 60% top end drops just the other day.
He was one of the few to call the worlds troubles.
Hardly anyone saw the stock market crash either but there were a few.
Then we have our own Gov' predicting an 81/2% unemployment by 2010-11.
Why are the banks even lending on these sort of prices at times like these then, nothing makes any sense.
One thing I would really like to know though is how long the Gov' can keep it up and what happens when that stops ?