Category Archives: World

UK’s Housing Woes

Real estate in Britain was booming. There was little oversupply. Then came America’s problems and by last fall, mortgage approvals were down 31% and prices were dropping. British real estate probably has further to drop than America’s. After America, mortgage … Continue reading

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America’s Housing Problems Affect World

The New York Times reports that the current housing crisis in America has spread around the globe. The worst hit country is Ireland, a world leader in growth for a decade. Not only has economic growth halted, but unemployment is … Continue reading

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