"‘Bubble to burst for 30% overvalued homes’
http://business.timesonline.co.uk/to...cle2963482.ece
"House prices in Britain are overvalued by about 30 per cent, the HSBC said yesterday, sounding the alarm that the property market could suffer a similar slump next year to that experienced in the US."
Doomed. Big time.
http://business.timesonline.co.uk/to...cle2963482.ece
"House prices in Britain are overvalued by about 30 per cent, the HSBC said yesterday, sounding the alarm that the property market could suffer a similar slump next year to that experienced in the US."
Doomed. Big time.
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