Monday, April 03, 2006 

Firstrung: The UK House Price Bubble Illusion Bubble? What bubble? The last Economic Outlook from the Organisation for Economic Co-operation and Development argues that UK house prices are overvalued by 30%, or even more. It also warns of the danger of a protracted period of house price falls, with dire implications for consumer spending. The OECD is not alone. But these pessimists are wrong.
posted by Johnny  @ 8:37 AM 17 comments


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