With inflation totally out of control, therefore forcing Interest Rates to follow, with the largest debt in the country's history, with the average house now costing 7 times the average national wage, are we on the verge of a House Price Crash in the UK?
Surely is rates go up, the amount people can borrow drops, and those on fixed deals coming onto variable, will be stung with much higher repayments.
Its happenning in the States, coudl it happen here?
2007-01-23
02:33:00
·
16 answers
·
asked by
Chris O
3