Thursday, Dec 27, 2007
Things going seriously pear shaped across the pond
Telegraph: House prices in US fall at record rate
But apparently due to an influx of Polish strawberry pickers combined with sound fundamentals, homes here according to some sources will go up by 1% in 2008.
Posted by sovietuk @ 10:01 AM (375 views) Add Comment
2 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. tyrellcorporation said...
Many commentators in the States are now seeing the bottom at around 5 years from now! Absolutely amazing that (so far) we've seen hardly any of this. It just goes to show we're probably even more stupid that the average American when it comes to personal finance!
This guy sees a US consumer led recession is now unavoidable.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vONKGcIK8kcw.asf
2. Abbo40 said...
Quite a change from a few months ago when most experts were saying there would be no housing slowdown at all!! Give it 9 months to a year and exactly the same things will be happening here.