Wednesday, January 30, 2008

You Ain't Nothin' but a FIRE economy!

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!

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