From Reuters: U.K. Hometrack House Prices Fall for a Fourth Month.
In London, new home prices are now lower than they were a year ago, according to a report by SmartNewHomes.com published today.
U.K. home prices probably won't pick up until mid-2009, according to Instant Access Group, the country's biggest property investment club.
Try 2013, bee-yatch! At the very earliest.
You can't run an economy on FIRE alone. You need some meat to roast.
Cheerio and pip pip!
Wednesday, January 30, 2008
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