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Housing market is going to crash, taking economy with it

Housing market is going to crash, taking economy with it

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Old Aug 30th 2006, 9:54 pm
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Default Housing market is going to crash, taking economy with it

House price crash could dwarf the 'dot-com' collapse

The downturn in the US housing market will force businesses to slash 73,000 jobs a month in the new year and could be more damaging to the world economy than the dotcom crash, economists have warned.

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http://observer.guardian.co.uk/busin...859024,00.html

Last edited by Sue; Aug 30th 2006 at 11:07 pm. Reason: Article removed and replaced with link
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Old Aug 30th 2006, 10:05 pm
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Default Re: Housing market is going to crash, taking economy with it

Mmm didnt you make a post in the moving back to UK forum about 10M wanting to emigrate away from Britain. Actually I'm not sure you posted a responses after everyone got going on that topic. Are you intending to join in this debate?
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