Thursday, Sep 13, 2007
Good news: house prices are going to drop.
The Times: Prepare for bad news: house prices are going to drop
The upshot is that London, which in the past few years has become the world’s richest city largely through its dominance in international finance, is about to suffer a big knock. And this setback will be even more severe, at least in the short term, if Britain takes a tougher line against financial bail-outs than the authorities in Europe and the US.
Posted by cheeky charlie @ 10:10 PM (153 views) Add Comment
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