UK House Prices to fall up to 50% / CWR pt.2

March 6th, 2010 | by admin |

From mid-May Commodity Watch Radio podcast. Dominic Frisby and Michael Hampton (DrBubb) discuss Gold, sagging Uk property prices, governmental policies, and the pyschology of Bear markets.

Pt.2: This section discusses Uk Government spin

Duration : 0:8:48


[youtube pt7-ce4pFsc]

  1. 2 Responses to “UK House Prices to fall up to 50% / CWR pt.2”

  2. By BubbFromGEI on Mar 6, 2010 | Reply

    June 5 (Bloomberg) …
    June 5 (Bloomberg) — U.K. house prices fell the most in 15 years in May as lenders restricted access to mortgages and the prospect of a recession deterred buyers, a HBOS Plc report showed.

    The cost of an average home dropped 3.8 percent to 184,111 pounds ($359,000) from a year earlier, the U.K.’s biggest mortgage lender said in a statement. That’s the biggest annual decline since April 1993. Prices slipped 2.4 percent on the month and are now the lowest since September 2006.

  3. By BubbFromGEI on Mar 6, 2010 | Reply

    Amazing. The …
    Amazing. The cabinet’s own briefing papers say that they expect UK property prices to fall a MINIMUM of 5-10%. At the same time, they are trying to offload property on cash-tight “shared-ownership” buyers.

Post a Comment