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More sucess for Brown: House prices dive again.

(Hat tip to reverse for this one. It made me giggle.)
Did I say sucess?My mistake I meant of course failure, the only thing the one eye'd leader is good at.

House prices are plunging at the fastest rate since records began in 1952, a shocking report into the crumbling property market revealed today.

In just 12 months, the price of the average home has collapsed by around £27,000, a record drop of 14.6 per cent since last October.

The report, from the Nationwide, the building society, said it is the biggest, quickest and most dramatic fall that it has ever witnessed.

In a further blow to homeowners, economists warn Britain may be less than halfway through the biggest price plunge in history.

Gordon Brown a man who makes me so angry I could punch his lights out
Gordon give home repossessions(and anal sex) the thumbs up!
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4 people have spoken:

Anonymous said...

When all these fixed rates begin to end and there are no other special rates to go to, folks mortgages payments are going to rocket. As they mortgages are based at times at 7 times a person's salary, most won't be able to afford them. When the banks repossess them, they will not recoup their loan as house prices have fallen so much.

The result, a new banking crisis that makes the credit crunch look like a walk in the park.

One Eye and his party have well and truley f^cked this country.

Anonymous said...

My prediction, and it is mine, is that this fucking useless bunch of twats will start to buy a piece of a persons house in order to subsidise the mortgage.

MathewK said...

I thought Gordon was going to spend his way through the crisis. Does he really think that the government actually makes money and it's not from taxes that his lot steal from people?

I'd like to see him raise taxes on incomes fast approaching zero pounds.

Fidothedog said...

Trust me cyclops has his eye on you, sadly it is the glass one....