UK Housing Decline: UK/US Housing and the Upcoming Liquidity Trap
Jul 8th, 2005 | By Michael Shedlock | Category: Macro Economics
Mike Shedlock points out that the UK Housing Decline foretells an upcoming US housing decline -- that it's not a matter of if the US gets one, but when.
A June 28 Reuters article reports that Wilson Bowden, Britain's fifth biggest house builder, sees a job threat to the housing market:
"Wilson ...read more
