UK housing market close to collapse, analyst says

Story date: 2008-02-20 02:43:00
Added on: 2008-02-21 00:01:50

Times Online - Britain’s housing market is a “house of cards” that is set to implode after years of reckless mortgage lending, chronic oversupply of new flats and widespread fraud, a leading analyst said yesterday. “We believe it is payback time for years ...


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