Sunday, Jul 13, 2008
How long can the global downturn last?
MoneyWeek: How long can the global downturn last?
"It is already clear that this is not going to be a short and mild recession, but we cannot yet be sure — for lack of evidence — whether it will be medium or long and severe."
Posted by damien @ 11:23 AM (253 views) Add Comment
1 Comment
- 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. last_days_of_disco said...
"Britain has a genuine shortage of housing, caused by the breakup of marriages, which led to the formation of new households, and the strict planning laws, which act as a cartel. In five years, it is possible that this unsatisfied demand will have resurfaced, but the market still has some way to fall before it reaches affordable values."
Ho ho ho, this must be the all time winner for the most pathetic explanation of the housing "shortage" in Britain. Haha, you will all just have to get back together again.
MWHAHAHAHAHAHAHA