Friday, May 01, 2009
Why US house prices will keep crashing
MoneyWeek: Why US house prices will keep crashing
"US house prices still fell last month. But it was the first time in 16 months that the decline didn't set a new record.
If you're thinking that this is a pretty slim basis for optimism, you'd be right. Behind the scenes, the market is still deteriorating. And that's bad news for British house prices, too... "
Posted by damien @ 11:06 AM (454 views) Add Comment
1 Comment
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1. japanese uncle said...
Why? Forcefully rigged house prices are destined to fall even further than the original position. SImple.