Tuesday, Jan 29, 2008

a list of useful housing related news

cnn: Mortgage Meltdown

this list is worth a look

Posted by mark @ 02:42 PM (335 views) Add Comment

2 Comments

1. alan said...

The whole US market seems too painful !

I think GB will take a good look at it and then do anything to avoid getting in the same situation. I don't think the UK has scope to cut rates by much as the UK's debts are being propped up by foreign currency.

Tuesday, January 29, 2008 04:11PM Report Comment
 

2. Landedgentry said...

Too late hehehhehehehe

"Mr Osborne said Britain had the biggest budget deficit of any large European Union economy, leaving it with no margin to use fiscal policy to support rate cuts to stimulate demand."

http://www.ft.com/cms/s/0/b04a3af8-cdf8-11dc-9e4e-000077b07658.html

Tuesday, January 29, 2008 04:15PM Report Comment
 

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