Wednesday, June 1, 2011

Will we follow?

US house price fall 'beats Great Depression slide'

"The ailing US housing market passed a grim milestone in the first quarter of this year, posting a further deterioration that means the fall in house prices is now greater than that suffered during the Great Depression".

Posted by alan @ 07:33 PM (3610 views)
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6 thoughts on “Will we follow?

  • No suprises.

    People didn’t carry so much personal debt back then. They were a lot more independent back then.

    ~ Now that wont do, will it.

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  • general congreve says:

    Economic recovery is just round the corner now, surely?

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  • Meanwhile in the UK we continue to party like it’s 1999…

    When can we expect Mr Reality to show up?

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  • 2. mrflibble,

    The Grim Reaper never shows up untill it’s too late. That’s his job.

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  • ….Or is that The Grim Repo.

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  • a good time to emigrate to US? But I wouldnt want to hold their currency

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