Property Market Crash -Where are the Doomsayers?

Is it me or have the doomsayers who have for so long forecast a property crash, all now disappeared.
Even Roger Bootle of Capital Economics is now no longer a bear!
Still, they say, when the last bear becomes a bull, that's when a market crashes.
And yes, there are a few worrying signs - the increase in indebtedness being one.
Will the likely rise in the base rate calm the housing market? Yes, I think so - and no bad thing either.
Will it precipitate a crash. I don't think so.
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This entry was posted by lettingfocus, on Monday, November 06, 2006.