Thursday, October 2, 2008

Impending recession looks a tough one based on this House price graph

A house price graph which tells it all

Look how steep a fall in house prices that last little temper tantrum we refer to as the 1990's recession caused. Then compare it to the rate of house price falls today.

Posted by jack c @ 03:23 PM (523 views)
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One thought on “Impending recession looks a tough one based on this House price graph

  • ………but look at the steepness of the ludicrous capital increase in the last ten years. How on earth was that ever sustainable for so long, …..nearly forgot myself there, government intervention and fear (of missing the boat, no pension etc. etc.)…..thanks Krusty,Phil, GB et al.

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