Saturday, May 05, 2007
Not front page news yet but The Economist is getting bearish
The Economist: Watch out for the cracks
' The boom has built upon itself, which is why it will not last'. Discusses interest cut of August 2005 and subsequent market revival, BTL, and levels of household debt.
It requires subscription but you can sign up fro 10 free articles. Worth a read. Also in this week's issue are articles about HIPS and the spainish property market.
Article ends 'As Mr Blair bows out the curtain may also be about to come down on Britain's great housing boom'.
Posted by bearlyconscious @ 11:36 AM (137 views) Add Comment
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