Wednesday, March 26, 2008

US treasury tell it like it is.

Paulson warns US house prices must plunge

The US Treasury Secretary gave warning today that there is more pain ahead in the American housing market after he said prices must be allowed to drop before the economy can stabilise. House price investors won't want to hear it, but it's going to happen here.

Posted by davros @ 05:41 PM (607 views)
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