Friday, September 28, 2007

We are right behind them

US housing market in freefall dive

Sales of new homes in the US plunged in August at the fastest rate since modern records began, prompting fears the economy is sliding into a full-blown recession.

Posted by sold 2 rent 1 @ 07:58 AM (758 views)
Please complete the required fields.



3 thoughts on “We are right behind them

  • “… but of course the sub-prime problem is contained.” Contained in what, you might ask? The Universe?

    Reply
    Please complete the required fields.



  • Conversation in the office this morning is dominated by the number of people who have been told to lie by financial advisors on their mortgage applications regarding their income. When this lot hits the fan there will be financial advisors hanging from lamp posts. We are six months behind the US with this mess, Gordo would be a fool not to go for a general election soon, he may have to resign 12 months down the road anyway.

    Reply
    Please complete the required fields.



  • Cheekie Charlie says:

    Whats more interesting is the comments about the ECB and Spanish banks. Is there any safe haven for my hard earnt money??

    Reply
    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Your email address will not be published.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>