From: "Crowley" 
Newsgroups: uk.politics.misc uk.finance
Subject: Re: Individual insolvencies rocket by 57% in one year yet credit card borrowings increase
Date: 3 Mar 2006 02:02:19 -0800
   posting-account=yGNAvw0AAABsgRsckUU2yFAQy4yH8Lsf


Tumbleweed wrote:
> >"Crowley"  wrote in message
> > >news:1141332954.353972.206890@u72g2000cwu.googlegroups.com...
>
> >Nothing will now prevent a crash in house prices ....... asset bubbles
> >burst eventually, you can't buck the market as Thatch once said. You
> >can quote me on that in a year or so's time ;-)
>
> ISTR you said that about a year ago.

Give it time, Rome wasn't built in a day.

The housing market has deteriorated significantly from a year ago,
prices then were around +20 YOY now they're down to around + 2 or less.
If there has been no significant price correction in a years time
please feel free to tar and feather me.