Tonight Show: Britain’s biggest house price falls TV Show
For anyone that missed this show the link to watch it on ITVs website is
http://www.itv.com/Watchnow/CatchUp/default.html
From watching this it seems a little like the four horses of the apocalypse have descended on the housing market (or so the public will now think).
Just like an economic slump its often down to scaremongering to cause further problems e.g. announce that there’s going to be a recession, everyone stops spending in preparation - > no one spending = economy not making money = recesssion.
With further news, or shows of a similar nature, could this severely affect people buying, and hence affect the prices of houses being sold as more people become desperate to pay their ever increasing mortgage?
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