Friday, Oct 30, 2009

The Flip Side of the Continued Ramping

FT: House prices still horribly out of kilter with real life

Prices are still horribly out of kilter with real life. Homes cost two-thirds more than they did in 2001, but wages are just one-quarter higher. The UK is not out of recession and unemployment has further to run, which will inevitably damp demand. And not all houses are selling like hot-cakes

Posted by sybil13 @ 09:44 PM (365 views) Add Comment

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