many current sales are foreclosuresThe Property Market UK in
Sunday, 30 November 2008
The Property Market UK esp in London.
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)
.
Posted by
Britannia Radio
at
18:52