MPW Economics Discussion Board

Economics news post for AS and A2 students at MPW Cambridge - please add brief comments to stories you find interesting or relevant. You can: speculate on future trends; link in with other topics or units; interpret/analyse; evaluate (magnitude of change/short term/long term...); offer a personal evaluation (normative statements) but please offer evidence or an explanation. You can also evaluate other students' comments but please be professional in your response.

Thursday, 29 January 2009

House prices fall by nearly 20% as 1.2million homeowners are trapped in negative equity

6 comments:

Justintime said...: It is like a ballon and now a hole appears on the surface. It is still able to stop the ballon contracting by fixing the nike but it needs more to make the ballon back to its original size.; 29 January 2009 at 16:04
Fabio xu said...: All I know is my hostfamily are not suffered from that.; 31 January 2009 at 16:25
Jerome said...: since the house prices are dropping this is a problem those people that need to move. It means the size of their loan is bigger than the value of their home; 1 February 2009 at 19:52
qiongke said...: same problem is happening in America,the housing price is dropping with houseowners' confidence.And nobody will buy a house exclude he has a huge amount of money in hand,because it is in negative equity.; 1 February 2009 at 22:02
chaoya zhuang said...: the house is losing its value, wealth effect, every households is losing.; 1 February 2009 at 23:54
Anonymous said...: bigger houses have dropped more value, so the house market will decrease by the household money lossing; 2 February 2009 at 06:03

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