29.01.2010 - UK: Property prices might be lower but affordability has deteriorated
From Timesonline.co.uk: As banks continue to repair their balance sheets, the divide between the housing haves and have-nots grows wider. Mind the Gap, the alert so familiar to Tube passengers is fast becoming the phrase that sums up the UK property market. The controversial divide, between those who can easily scale the housing ladder and those who cannot, even took a brief detour into comedy this week with the disclosure that the rich are using private jets, racehorses and yachts as security for loans......................................Full Article: Source
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