Sunday, 30 November 2008

The Property Market UK esp in London.

many current sales are foreclosures
The Property Market UK in 

London.
Our view from checking current 
auction particulars as well; 
possible further drop of circa 15%-20% in 
2009 and 10%+ in 2010.
Careful of commercial properties!!!!
I've been proven right over past 4 years.
Watch especially, April 2009 onwards and 
possible sterling devaluation
note compliance with I.F.R.S. 
(pfi s' plus, on U.K. balance sheet)
.