HUD Homes Articles | Grab Bargain Home Prices" href="http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/29/ymcowie129.xml" target="_blank">
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home_buyer.jpg" alt="Why first time buyers ought to wait to Grab Bargain Home Prices - Telegraph.co.uk" />Why first time buyers ought to wait to Grab Bargain Home Prices
Telegraph.co.uk, United Kingdom - 6 hours ago
During the crazy, easy-credit with tax relief-fuelled housing boom of the 1980s, the Nationwide first-time buyer price/earnings ratio peaked at 3.9.
Telegraph.co.uk, United Kingdom - 6 hours ago
During the crazy, easy-credit with tax relief-fuelled housing boom of the 1980s, the Nationwide first-time buyer price/earnings ratio peaked at 3.9.
Rather than parade the naked self-interest of middle-aged homeowners – or people like you and me – most of these calls for action focus on help for first-time buyers.
Sounds so much less selfish that way, don’t you think? They should be ignored. No cyclical market setback is so bad that Government intervention cannot make it worse.
If there were any doubt about that, you need only consider the cack-handed imposition of Home Information Packs (HIPs); several hikes in the rates of Stamp Duty and Chancellor Alistair Darling’s recent dithering about whether this tax on homebuyers might – or might not – be suspended.
English councils to have right to buy The Herald
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Tags: first time buyers, Grab Bargain, home
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