I would view this as one of those signs that you would see near the end of the bubble.
With the amount of debt there is and all the forces in play out there and the levels of over-valuation in UK on the mortgage side - This news comes as a joke to me !!!!
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a8TsTFGWuntk
With the amount of debt there is and all the forces in play out there and the levels of over-valuation in UK on the mortgage side - This news comes as a joke to me !!!!
http://noir.bloomberg.com/apps/news?pid=newsarchive&sid=a8TsTFGWuntk
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