Friday, October 30, 2009

The Flip Side of the Continued Ramping

House prices still horribly out of kilter with real life

Prices are still horribly out of kilter with real life. Homes cost two-thirds more than they did in 2001, but wages are just one-quarter higher. The UK is not out of recession and unemployment has further to run, which will inevitably damp demand. And not all houses are selling like hot-cakes

Posted by sybil13 @ 09:44 PM (777 views)
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