Tuesday, June 3, 2008
Is 24% in 3 months officially a crash?
"Some locations have seen devastating price falls. In Craigavon and Armagh, prices fell 24.2 per cent in the first three months of this year alone. The largely rural Mid-Ulster area is down 17.7 per cent, and Antrim/Ballymena down 9.7 per cent, for the year." There are stories around NI at the moment of people in a 140K house that they payed 240K for......truly scary. Have the lenders who participated in this farce still got their jobs?