Thread: House prices
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Old 15-09-08, 09:35 PM   #37
carnivore
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Default Re: House prices

I think financial woes will soon the least of humanities worries in a couple of decades time. Right now we are experiencing the last of cheap oil, from now on oil will become more expensive as easily accessible reserves' become depleted. It will become necessary for countries such as America to fight for these energy supplies to uphold their way of life (Iraq for instance, WMD my ****).
Since all financial markets are based on commodities such as raw materials like oil, gas etc life isn't going to get much easier. Greed and human nature will over ride common sense. On the up side there will be plenty of burn out shells that will be perfect for people wanting to get onto the property ladder. A new wave of crappy reality shows will appear, like celebrity fixer upper of shelled housing.
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