Detail Buttonwood: Down and out   Oleh:  The Economist Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 391 no. 8628 (Apr. 2009), page 71. Topik: Housing Market; House Prices; Assets Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.54 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel THE housing market started this crisis so it is natural to think that house prices must recover before it ends. After all, most Americans and Britons seem to regard increasing home values as part of their birthright. Any sign of an upturn has been seized upon by newspapers and estate agents. The latest data to excite the bulls have included a rise of 52% in house and condominium sales in southern California in the year to March and three successive monthly increases in the average asking price of British houses. But the hallmark of the last boom was the excessive use of credit to buy assets. As the bubble has burst, the prices of other assets, such as corporate bonds and equities, have been driven down to below historic averages. Why should housing be any exception? After all, there was no shortage of speculators at the height of the boom and the current recession is expected to be the worst since the second world war. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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