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100 to 120% mortgages

category national | consumer issues | opinion/analysis author Friday July 29, 2005 20:30author by Mortgage your life and family

The banks etc must fear a crash

Are the banks admitting that they are shitting themselves that there is about to be a property crash ?

Ive never seen a stronger signal coming from the banks about a housing crash that this one!!

How on earth have they been allowed to get away with a move like this which is just going to cause massive inflation?

For the first time ever I heard on the radio yesterday at the end of an financial advert the phrase "failure to keep up payments may result in repossession"

http://www.indymedia.ie/article/71231

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