| NamePros Regular Location: Nantwich UK Join Date: Apr 2006
Posts: 587
NP$: 53.00 ( Donate)
| Personally I do not mind if house prices come down all through the range 10 or 15%. The UK market is stupid where first time buyers cannot get on the ladder, no-one can move.
I have been reducing my mortgage to where it is little more than 10% of the current market value of my home. My equity may take a hit, but my next home may be that bit cheaper.
The people hardest hit will have been those refinancing to extract capital from their house and have 90% or more in mortgages.
andyr
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