After the shocking house price data from Nationwide today, SKY news wheeled out a property economist for a bit of analysis.
Oh here we go I thought, another load of old spin to try to gloss over the major housing problems that exist.
Well how wrong I was - the interview was an absolute bear fest and I am sure she must be signed up on housepricecrash.co.uk maybe she is ERIC or Realistbear.
Anyway - watch the interview here
Basically she says that things are as bad if not worse than the 1990 crash, which some of us have been saying for years. She has finally put a bearish, but realistic view on the mainstream news channels.
Thursday, 29 May 2008
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