House prices in the UK are starting to fall, says the latest survey by the Royal Institution of Chartered Surveyors.
< http://www.bbc.co.uk/news/business-10915210 >
Scratches to Sketches
Monday 9 August 2010
BBC: House prices fall say surveyors
Any doubts about the likely future trend of house prices in the UK? Buyers are sitting on depreciating assets in America and the UK. The jury is still out for Canada. Should commodity prices driven by wheat shortages lead to crazed speculative buying of commodities this autumn this could lead to relief for some home owners deluged by depressed valuations. Spill over effects of too much money in the system might start off an inflationary spiral, but the real growth would come from Asian demand as their economies accelerate.
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Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth.
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