Thursday, April 10, 2008

Housing-market woes spread to Britain

The Bust Begins

FOR years the housing market in Britain has defied gravity. For a few months in 2004 and 2005 house prices moderated, before taking off again. But now, finally, tighter credit and overstretched household budgets are pulling prices down.

Posted by mken @ 04:14 AM (388 views)
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