Browsing Tag

property

Brace yourself!

In case you missed it, the financial system in the U.S. is near collapse. This weekend was unbelievable. Lehman Brothers filed for bankruptcy. The world's largest insurer AIG is looking for the Fed to help it avoid collapse and Merrill…

Nationwide: UK house prices down 10.5%

House prices are falling at an ever faster rate in the UK, according to Nationwide's latest survey for August 2008. The Nationwide Index was down to 329.5 from 335.9 in July, a fall of 1.9%. The index is down 10.5% compared to August 2007,…

Case-Shiller Time Machine: June 2008

The S&P/Case-Shiller housing index is out for prices for June 2008. So, it's that time of the month again -- let's play the Case-Shiller time machine game. Basically, prices in the U.S. housing market have been falling for about two…

Times guide to London property

For those of you interested in London property prices, the Times has a good rundown borough by borough in PDF. The Royal Borough tops the list with an average price over £1.4 million followed by Westminster at over £1 million. Why would…

Europe is next

As you could probably tell -- from all the stories I have been writing about the Baltics, Denmark, Sweden, you name it -- I believe that Europe is the next leg down in the global housing bubble. As such, it will pay to focus as much…

Random Musing: London house prices

An article in today's Guardian says that London property prices are falling. In fact they fell over 5% in a single month.Asking prices in London fell 5.3% in August, according to the Rightmove house price survey - equivalent to a £21,000…

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