According to an article in the Weekend FT, the values of commercial property fell by 2 to 3 percent in September, that is a serious drop!
I have been predicting this for far too long, I wasn't sure whether the slight fall in residential property prices in August was a blip or the beginning of the house price crash, but I'm surer than ever now that it's all over.
Monday 8 October 2007
"Commercial property slides"
My latest blogpost: "Commercial property slides"Tweet this! Posted by Mark Wadsworth at 14:49
Labels: Credit bubble, House price bubble, house price crash, Land Value Tax
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