A Housing Slump Could Actually Be Good News ; 1) Freelance Journalist and Former Financial Mail On Sunday Editor 2) Monday View by Ben Laurance

Daily MailJuly 07, 2008

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Summary


THE headlines have been unrelenting: the housing market is dire, it is in crisis, it faces meltdown, prices are collapsing.

Every homeowner should be terrified by the slumping value of their property.

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Extract


A Housing Slump Could Actually Be Good News ; 1) Freelance Journalist and Former Financial Mail On Sunday Editor 2) Monday View by Ben Laurance

It has become conventional wisdom that falling house prices are a bad thing - and that the extraordinary rise seen from the mid- Nineties was to everyone's benefit.

An avera...

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