Tuesday, January 2, 2007

Houses Most Overvalued in 15 Years

Houses Most Overvalued in 15 Years

Obvious really but afordability is down.. and Mervyn King, the Bank of England's governor, said last May: 'Relative to average earnings or incomes, or anything else you could look at, house prices do seem remarkably high.'

Posted by hyrax @ 11:34 AM (461 views)
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