Saturday 24 November 2007

Housing Cock-up or Conspiracy

Is the Government trying to complete kill the housing market? Because it seems to be. The imposition of HIPS on all properties by the year end is just thing to stop all activity. Things are slow enough as it is but without people being willing to sell flats and small houses (for which HIPS will be a proportionately greater cost) then there will be fewer buyers for other properties. With 67% of agents already reporting a fall of properties coming onto the market, it is appears likely that the market will be near stagnant before Christmas.