UK's Housing Market The 'Mother Of All Bubbles'

Housing prices in Britain have risen so high and so quickly that experts fear a dramatic drop in prices is inevitable.
October 11, 2004, 8am PDT | Michael Dudley
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Despite the hope that prices might make a "soft landing" and gradually decrease, fears are growing that the loss in value could be rapid and considerable, with serious repercussions for the British economy.

Thanks to Michael Dudley

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Published on Friday, October 8, 2004 in The Guardian Unlimited
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