http://www.guardian.co.uk/society/2008/sep/05/housing.houseprices
Well worth a read……
Starts next Monday……..

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Watch what happens when the real house price crash occurs!!

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In The Eye of The StormPeter SchiffSep 4, 2008
As we enter the height of the hurricane season, it may be worthwhile to recall, when considering the economy at large, the particular deception that lurks in the “eye” of the storm. After a raging tempest, the sudden appearance of the calm ‘eye’ can all too easily […]

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Gang warfare on the streets of London as Asian and black youths battle outside Julie Christie’s house
By Daily Mail ReporterLast updated at 10:28 AM on 04th September 2008
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Armed with metal poles, sticks, a screwdriver and even Wellington boots, two gangs of black and Asian youths fight it out […]

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Thursday, Sep 4, 2008MPC holds UK interest rates at 5%BBC: Bank keeps UK interest rate at 5%The Bank of England has kept interest rates on hold at 5% for a fifth month as it struggles to deal with a slowing economy and soaring inflation. But with reports signalling the economy is heading for recession, expectations […]

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Property price drop has acceleratedBy PA NewsSeptember 02 2008Government help for homebuyers follows 12 months which have seen prices tumble and loans restricted.
- The average UK property has lost 10.5% of its value during the past 12 months, the biggest drop since the final quarter of 1990, according to Nationwide Building Society.
- Property prices fell […]

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