Thursday, December 20, 2007
Looks like those bonuses may pass the housing market by
"Last year, bankers invested the bulk of their money in property. Savills, an estate agency, estimated that about £5.5 billion of 2006’s £8.8 billion UK bonus round went into bricks and mortar. But with concerns that house prices may fall next year, they are expected to look elsewhere for a home for their money"