| 30.07.2010 - UK: We're going to craaaaaaaaaaaaaaaaaaaaash! |
| From Sky.com: Or are we? The general consensus seems to be that the rally in house prices that we've seen in the last year or so has run out of steam. If prices have peaked then there's only one direction they're headed and that's down. There is a logic that runs thus: property is still thumpingly over-valued (look at the ration of average earnings to asking prices). A rush blood to the head will be the market's undoing..............................................Full Article: Source |