Tuesday, November 27, 2007

So who had the bigger bubble - the UK versus the US

No prizes for getting this one right. The UK property bubble is the daddy.

Between 1991 and 2007, UK property prices increased by 233 percent whereas in the US, the rate of increase was a paltry 133 percent.

2 comments:

  1. AnonymousNovember 27, 2007 at 8:02 AM

    WOW,

    And the US had the subprime crisis!!!!!

    ReplyDelete
  2. bobnNovember 28, 2007 at 5:34 PM

    I'm in the US, and I don't understand how you good folks could have done this without the loose lending standards like we did here. How did you do this?

    ReplyDelete