Lehman Cash Call 'Shunned' By China, Korea
China Passes US As Japan's Biggest Customer
Fannie And Freddie Hit On Bailout Fears
UK House Builder Profits Slump 64%
Housing market: Slump takes its toll on Persimmon's profits
Brits Demand 20% House Discounts As Market Sinks
House buyers are demanding 20% discounts on homes as market continues to sink
By SIMON DUKE
21st August 2008
Demands: Buyers now expect bargains
Buyers are demanding discounts of as much as 20 per cent on houses, according to the Bank of England.
The huge reductions underline the dire state of the property market as the credit crunch shows no sign of abating.
Thursday, 21 August 2008
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