22.06.2009 - UK housing still a terribly risky buy
From Seekingalpha.com: UK house prices have fallen by 20 per cent on average over almost two years. Now a combination of low mortgage rate deals and rising rental yields are tempting a few brave souls back into the market, and prices ticked up slightly last month. But is this time to buy? Surely the evidence of an end to the falling market is very slim. Any falling market tends to have the odd dead-cat bounce on the way down and the recent price rebound seems just another example.........Full Article: Source
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