Tuesday, Jul 24, 2007
60% of UK wealth is tied up in homes
The Guardian: 60% of UK wealth is tied up in homes
The increasing dominance of the housing market in the British economy was revealed yesterday when the government released figures showing that 60% of the country's £6.5 trillion wealth was now tied up in property.
Posted by mark @ 03:57 PM (211 views) Add Comment
1 Comment
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1. Imhal said...
Which means that 40% of the wealth of this great nation is generated by business !!!
Now tell me what type of nation only has 40% of its wealth in the form of proper trade - bananas and coconuts anyone?
HAL