Saturday, Jun 21, 2008

Worth a read!

Telegraph.co.uk: What the boom years did for us

How did it go ro right? And, looking back, was it sheer madness? The rise and rise of the property market has affected everyone - for better or worse. Caroline McGhie traces its stratospheric progress while, Ross Clark relives the key events of a tumultuous era
It seems now like another era: a golden age when money poured in through the rafters and entire lifestyles could be funded through the rise and apparently unstoppable rise of property values. It has ended, finally, with a sickening crunch alongside last week's report of the fewest sales since records began, and the prospect of negative equity raising its ugly head.
Toprak Mansion; Hascombe Court; a street in Chelsea

Posted by housebear @ 12:45 PM (259 views) Add Comment

1 Comment

1. letthemfall said...

Tabloid stuff from the Telegraph. A pity all this sort of fluff can't go in one publication called the Daily Drivel.

Saturday, June 21, 2008 06:25PM Report Comment
 

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