Wednesday, Feb 18, 2009

Note to estate agents prices will keep dropping

Reuters: Recession will be worst since 1930s

He reiterated, however, that a housing recovery is a necessary condition for the end of the financial crisis, and said that "the prospect of stable home prices remains many months in the future."

Posted by mark @ 12:30 PM (638 views) Add Comment

4 Comments

1. inbreda said...

how is he equating recovery to stability?

Wednesday, February 18, 2009 12:31PM Report Comment
 

2. Eternal Sceptic said...

"the prospect of stable home prices remains many months in the future."
At last- a refreshing whiff of honesty. Just needs the many months changed to many years.

Wednesday, February 18, 2009 01:13PM Report Comment
 

3. Crunchy said...

Drip, drip. drip. If we do it slowly people will not panic. LOL

Wednesday, February 18, 2009 01:15PM Report Comment
 

4. charlie brooker said...

If they hadn't been unstable in the first place (rocketing up) they wouldn't be unstable now (rocketing down).

Wednesday, February 18, 2009 01:58PM Report Comment
 

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