tag:blogger.com,1999:blog-2249851329008146395.post4738818342079549442..comments2023-10-30T09:11:12.922-07:00Comments on Clouded Outlook: Clash of the titans - the UK versus the USAlice Cookhttp://www.blogger.com/profile/05753570123987780947noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-2249851329008146395.post-46575790046339645342008-11-26T10:36:00.000-08:002008-11-26T10:36:00.000-08:00There are some trophy's you really don't w...There are some trophy's you really don't want. I suspect this is one...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-444150641428090912008-11-26T12:20:00.000-08:002008-11-26T12:20:00.000-08:00But the US will long be the champions of garbage p...But the US will long be the champions of garbage production!<br>USA! USA!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-68516336781077516202008-11-26T13:02:00.000-08:002008-11-26T13:02:00.000-08:00It appears that the UK bubble was many times large...It appears that the UK bubble was <a href="http://markwadsworth.blogspot.com/2008/02/house-price-crash-porn-2.html" rel="nofollow">many times larger</a> than the one in the USA, in terms of prices-to-incomes, so we've got that trophy already.Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-59866951963811357452008-11-26T17:30:00.000-08:002008-11-26T17:30:00.000-08:00We're near the bottom of our housing market. ...We're near the bottom of our housing market. Come June, 2009 or so, we'll be at it. I don't think we've got much farther to go in terms of percentage drops.<br><br>A good blog to watch for this is <a href="http://piggington.com/" rel="nofollow">Professor Piggington's.</a> He focuses on my home town, San Diego, but his analyses are applicable across the US, I think.K T Cathttp://www.blogger.com/profile/10259428595745509790noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-66451319603104452372008-11-27T01:59:00.000-08:002008-11-27T01:59:00.000-08:00Perhaps SD is near the bottom now, having lost abo...Perhaps SD is near the bottom now, having lost about 50%. Still, I wouldn't be in a hurry to throw my cash into a condoNick von Miseshttp://www.blogger.com/profile/03985951853422897135noreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-13869872338403971302008-11-27T02:24:00.000-08:002008-11-27T02:24:00.000-08:00Nowhere near the bottom unless Gordon Brown decide...Nowhere near the bottom unless Gordon Brown decides to guarantee that "Britains hard working families" will not lose out due to house price drops... and bail them out as well !<br>Oh yes, that's after he bails out Woolworths, MFI... he must be up all night with his John Bull printing press making notes to hand out.. the way the £ is going, the forgeries will soon be worth more than the real thing !Markbaldynoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-77332252834660230312008-11-27T03:28:00.000-08:002008-11-27T03:28:00.000-08:00I live on a street that is rated as high crime. Ye...I live on a street that is rated as high crime. Yet the houses have gone from £400,000 to over £1million. It is still the same street, the same dog turds and rubbish blowing around, same hoody scum, same lack of exciting business activity. So you do have to ask why over a million for this?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-56847842103921539312008-11-27T04:41:00.000-08:002008-11-27T04:41:00.000-08:00The UK will get the prize for the bigger crash, ju...The UK will get the prize for the bigger crash, just as it rather stupidly outshone the US for the biggest rise - by a big margin!!!<br><br>B. in C.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2249851329008146395.post-47630927603223398602008-11-27T07:34:00.000-08:002008-11-27T07:34:00.000-08:00Nick, our values haven't dropped 50%. It'...Nick, our values haven't dropped 50%. It's more like 30% or so. As for a condo, those things are usually millstones, so no thank you there.<br><br>The worst of the real estate crash is over for us, I think.K T Cathttp://www.blogger.com/profile/10259428595745509790noreply@blogger.com