Sunday, November 19, 2006

Interest rate hike may take the steam out of debt-backed property speculators

Propety Tycoons Who Owe Billions

The commercial-property world has been on a huge borrowing spree since 2000. Research from De Montfort University, to be published next month, shows that by July this year the sector owed a record £176 billion, up 12% from the £157 billion at the end of 2005.

Posted by jellycaster @ 06:39 PM (468 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>