Originally Posted by
Jay.
a mate of mine works for collections @ halifax said they have reppoed 40.000 houses in the southeast in the last 4 months and its climbing every day so people saying a resession wont happen ! hello it here
This doesn't really make much sense. 40 houses isn't that much, which is what you've written. And it's def not 40,000 as that figure is way to high for one lender in one region in 4 months. It was only 30,000 for the country as a whole last year and 40,000 is cetainly a possible amount for this year as a total across all lenders.