Thursday, May 15, 2008

Should we Worry About Falling House Prices?

A recent survey suggested that a majority of UK citizens actually welcomed falling house prices. Are falling house prices a good thing or should they be a cause for concern, requiring government intervention?Reasons to Be Concerned about Falling Prices1. Negative Wealth Effect. Falling house prices cause a decline in household wealth. This leads to lower [...]

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[Source: Finance Blog]

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