London-based City AM asks city professionals for their views on housing price falls, and I guess not surprisingly all talk up the market from their own personal perspective. Though the thought did strike me that aren’t they the people least likely to have risky mortgages? And wasn’t the sub-prime market created by people rather insulated from reality like them loaning to risky low-income folk in the US? Hmm, I see the funny side of this, and that’s why I have categorised this under ‘comedy’.
“We know what we’re talking about!”