Although I have been predicting a fall for four years, the housing market is now in meltdown. Shares in bank and building related companies like HBOS, Barclays, Barratt and Redrow are at a fraction of their previously overvalued prices, with worse to come.
It is very difficult to get a mortgage on a new build property and looking at the prices they are trying to sell them at I would say they are about 40% overvalued.
The market needs first time buyers but you would have to be mad to become a first-tim
e buyer in this market. The Government can't help as the problem is to large for them to deal with.
The USA has sold us a lot of its bad debts and we are going to suffer. This will be the worst few years for the housing market we have ever seen. We need a new Churchill.
Bill Birkett, via email
EU making a joke of democracyBy ignoring the Irish "no" vote to the EU Lisbon Treaty, the superstate supporters of Brussels destroy their own case.
It will never be a truly democratic entity, just an almighty bureaucracy designed to keep themselves in clover, and the rest of us in the dark.
Name and address supplied
Bring on martial law over fuelWhy not deploy Army personnel to drive petrol tankers next time their drivers go on strike?
Have them trained up now so that they are ready to take over
immediately.
The country cannot be be held ransom by such greedy individuals.
Name and address supplied
Missing link in this business successI read with interest the 'Link does the business for the region' piece in the Wigan Evening Post (June 23).
I worked for Business Link from 1999 until 2007, when I was made redundant during the change to Business Link North West.
Yes BLNW may have made a difference to the customer satisfaction figures, but how about the people, like myself, who are now without jobs?
Mr Watson is living in cloud cuckoo land!
Graham Moss, ex Innovation Team Leader, Business Link Lancashire
Church is right to protect servicesRecent correspondence regarding the Catholic Church and the rite of baptism of a baby seem to indicate the writers have lost the meaning of a sacrament.
While the day of a christening may contain a social element that is not what baptism is really all about.
The Church has every right to protect her sacraments, and to ensure all elements are present for a valid rite of baptism.
In all areas of society there are laws and rules, the Church also has to ensure all elements are present for a valid rite of baptism.
The Roman Catholic Church has never claimed to be a "take your pick" religion.
Personally I am rather tired of the constant 'open season' on
Catholicism.
Countless Catholic priests and nuns around the world work tirelessly to give the local people better lives, often at great risk to themselves.
I'm Roman Catholic and very proud of it!
Jim Aherne, full address supplied
The full article contains 520 words and appears in Wigan Evening Post newspaper.
