Bye-To-Let

Interesting piece in today’s Telegraph:

House prices may fall by a further 55 percent and there is a “very real probability” that Britain will be bankrupted, a leading investment bank has warned in a private note to clients.

People who bought buy-to-let flats are expected to “begin panic selling” and the average home value could drop below £100,000.

Hmmm, ‘buy-to-let flats’ – where has Tiberius noticed a disproportionate number of those recently…?

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Published in: on March 12, 2009 at 7:18 pm  Leave a Comment  
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