16.07.2009 - UK: House prices may wait until 2020 to get back
From Myfinances.co.uk: There is a 30 per cent chance house prices will still be at 2008 levels in 2020. A study by accountants PricewaterhouseCoopers (PwC) points to further house price drops in 2010, no growth in 2011 and then gradual recovery for a decade. In 2015 house prices are forecast to be "more likely than not" below 2008 levels........Full Article: Source