Thread: housing crash 'could happen'
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Old 02-06-2008, 21:59   #28
WHISTLED
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Re: housing crash 'could happen'
Just found this thread - How right you were!

Watching Panorama now, and althought its not a nice thing to say some of these people (on the programme) deserve to lose their houses, one lady fell behind with her first payment and the experts say she never had a chance in keeping up!

The property decline is one thing and the banks have a responsibility but ultimately its your own responsibility to ensure you can can afford payment in the event of problems.
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