IMF warned of abrupt UK Housing Crash in 2003!
Thursday, September 18, 2003
UK Housing Crash warns IMF According to the IMF as reported in The Independent Tony Blair would do better to stay home this weekend and worry about the economy in what is supposed to be 'his country' IMF sounds alert over housing crash The IMF said soaring housing markets posed a threat in the UK, US, Australia, Ireland and the Netherlands, warning that "the risk of an abrupt unwinding cannot yet be ruled out".
posted by Martin at 9/18/2003 11:09:00 PM +++++ Well folks seven years, yes that is correct a full seven years on it looks as though "an abrupt unwinding" is what we are about to get.
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