Thursday, Aug 28, 2008
going down going down going down
bloomberg: U.K. Annual House Prices Drop Most Since 1990, Nationwide Says
The fastest inflation in more than a decade, a stagnant economy and the rationing of mortgages by banks have sparked the worst property slump since the last recession in the early 1990s. Bank of England Governor Mervyn King said this month that home values face ``a significant adjustment'' after a decade-long boom.
Posted by matt_the_hat @ 09:34 AM (284 views) Add Comment
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