Tuesday, 13 May 2008

The government admits house prices are falling

Oh dear


'Given present trends, they will clearly show sizeable falls in prices later this year - at best down 5 per cent -10 per cent year on year'

A photographer gets a good photo and at last we find out what the government really thinks.

'But we need to plan now to put in place effective measures against the risk that it does get worse'

You mean that there are no plans in place currently!!!

God save us all

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