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)
.