Thursday, Oct 18, 2007

Waiting for the big crash...

Times Online: UK house market is ‘heading for crash’

How long before we have some mass panic? - "In a bleak warning, the IMF found that homes in Britain were overpriced by up to 40 per cent — far more than the overpricing in the US before the current property slump began there. The finding will fuel fears over housing market prospects after growing evidence recently that prices have already begun to fall in some parts of Britain."

Posted by peter @ 09:10 AM (189 views) Add Comment

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