Is the housing market going to crash

This is an article I first wrote in September 2005 and I thought it may be of interest Well Ed Stansfield from Capital Economics seems to think so, he said in The Sunday Times this week, that they are still holding to their ridiculous prediction that by the end of 2007, the average house price will be 20% lower than at the end of 2004. Did you know that they predicted a fall of 6% in 2005? Next year they predict a fall of 9.5% and a further fall of 5.1% in 2007? What amazes me is where they come up with this absolute ... Read Full Story

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