Vote Now: Whats the best thing about the credit crunch?





Went for the buy to let vote. Would have voted for the whole housing market if it had been made an option. Reason: Sick to the back teeth of property programmes on tv, showing how easy it was to be a property tycoon..........not anymore!:LOL: Mmmmmwaaaahahahaha!



Edit: Sarah Beeney, was great,....still is.
 
Estate agents. Had to be really. Ultimately house price inflation was one of the main problems that created a demand for dodgy credit which the banks tried to supply. Buy-to-let was a secondary consequence of house price inflation. Estate agents facilitated the inflation.

Why anybody is dim enough to think that just because their house goes up in value that in real terms they're quids in is beyond me. They'd have to go and live in a caravan to liquidate the asset and monetise the gain.
 
Its not on there but the volatility that it brought to the markets! It made day trading so very exciting and lucrative. The people at T2W need to join forces and announce WW111 or something, just to give the markets a kick up the ****! Today wasn’t bad though….
 
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