Friday, Jul 16, 2010
Only 20pc
Yahoo: House prices 'to crash 20pc by 2012' as Budget bites, says Capital Economics
House prices will crash more than 20pc over the next two years as a result of Government spending cuts, tax rises and a surge in unemployment, according to a leading economic forecaster.
Posted by mark @ 07:39 PM (956 views) Add Comment
2 Comments
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1. drewster said...
Remember, a 20% fall is the opposite of a 25% rise. A 33% fall is the opposite of a 50% rise.
2. Phil S said...
Thanks for the insight into basic arithmetic!