Friday, Jan 16, 2009
Oooops
Guardian.co.uk: Commercial property 'will halve in value'
Commercial property values are likely to plunge by more than 50% by the end of the year from their peak in July 2007. The unprecedented collapse will heap further pressure on banks' shattered balance sheets and could lead to a wave of property-firm failures
Posted by v stor @ 08:19 PM (361 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. P. Riddy said...
As before, saying this now, they are trying to call the bottom higher than it will be. With a depression looking worse than 1930's, look for 90% falls, if you're lucky.