Monday, December 17, 2007
Update with key points and link to the Rightmove report
"Sellers need to price aggressively and banks need to get their own houses in order to improve liquidity as quickly as possible. We are in a different world compared to previous housing downturns. It is a world of international banking interdependencies, and a world in which the robustness of the UK housing market has never been tested". - Miles Shipside Rightmove.