Thursday, May 29, 2008

Enjoy the ride.

House Price Falls Accelerating

House prices have recorded their largest monthly fall since 1991, says the Nationwide building society. Prices have fallen by 2.5% during May, according to its latest monthly survey.

Posted by sinkingship @ 07:09 AM (691 views)
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One thought on “Enjoy the ride.

  • Lukeskywalker says:

    “Despite this, Ms Earley argued that the market was not heading for the same sort of crash as that seen in the early 1990s.”

    Like all other economists and financial experts, she can’t remove herself from Microsoft Excel for long enough to consider human behavior. There’s no cell function for it, I guess.

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