many current sales are foreclosures
The 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