Rat and Mouse
Fri
15
Aug
Relax, it's almost all over...

That's according to the Telegraph, that illustrates a piece about current property market jargon with some optimistic views of where we are in the downturn. James Greenwood, from Stacks, claims "the bottom is now visible" (insert obvious gag here), after a swifter and more sudden drop than commentators were expecting. Hamptons's Phil Tennant claims the clue's in the loans, with rising loan-to-value ratios pointing to renewed lender confidence in house prices.

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Comments

This is a great post. I know we have a way to go, but great to see some rationality coming into the conversation in the midst of all this hysteria. Of course property is coming back, especially in London.

http://www.housepriceboom.com

Posted by Denis at August 16, 2008 2:52 PM


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