This is a warning of things to come in the UK imo. Anyone thinking of loading up on an insane amount of debt to buy a house in a recession which is turning into a depression is going to get pummeled, and deservedly so.
Wake up sheeple!
Is this one of the reasons why the banks are now jacking up IR's to cover themselves because they anticipate massive losses on commercial real estate and CC loan defaults?
not seen that one, I'll get round to watching it
I recently came across this show where listners talks about the gvmnt putting an order in for 500,000 riot gear suits and german troops are now on US soil
video
The recession in the US is turning into a full blown depression with real unemployment rate over 20% and growing, don't know about you but that makes me uneasy.
nah
"average cost of a rented house down seven per cent, and the average apartment nine per cent, according to new research from the Association of Residential Letting Agents"
link