Thursday, Jun 07, 2007

Yeah, yeah 20 years of boom! You wish...

Times: Fears for property prices after £2bn Vector float sinks

On second thoughts, this government spin of "boom forever" is really pathetic and counterproductive, and may generate yet again a liquidity-driven mini-rally. But the market sees through this B/S: "Prospective investors worldwide shunned Vector — which was to be Britain’s largest property flotation this year — over fears that property prices are set to go into reverse"... who do you believe: the yesterday-launched government agency or the market?

Posted by confused76 @ 10:02 AM (123 views) Add Comment

1 Comment

1. dohousescrashinthewoods said...

Quite.

Thursday, June 7, 2007 10:31AM Report Comment
 

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