21.10.2008 - Housing market 'Crash' until 2011
From Sky.com: Fewer sales show that parts of the property market have crashed, said Miles Shipside, commerical director of Rightmove. He said house prices will hit rock bottom in 2010, causing problems for those who need to borrow money. "I think we're going to see a paradigm shift in the housing market. I think a lot of people looking at housing in the future will not qualify for a mortgage.Inaccurate asking prices have sent the average price of a house in England and Wales up to £229,691..... Full Article: Source
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