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Old 24-05-2004, 15:05   #24
Neil
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Join Date: Jun 2003
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Re: housing crash 'could happen'

Quote:
Originally Posted by Graham
Put it this way, I'm a very "risk averse" investor, but I'm planning on re-mortgaging my flat on a "buy to let" and getting myself a 3 bed house in the not too distant future and there's *NO WAY* I'd be doing that if I thought there was a sizable risk of a housing market collapse!
Ditto-I'm doing exactly the same, & as I said earlier-rates would have to rise substantially for me to justify a fixed rate mortgage that is (currently) £80.00 per month more expensive.
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