Like The Great Depression, This is Global

Robroy

Many of us are aware of our housing problems, and the serious plight of housing in Spain, but I thought, in light of todays housing data, I'd check out the UK. Looks like it is a bit sour there as well - to the tune of a drop of 40%!

http://www.theaustralian.news.com.au/st ... 58,00.html

Robroy

Austrailia: http://www.smh.com.au/news/national/fam ... 41610.html
France: http://www.creditman.biz/uk/members/new ... iewID=8672

I especially like this one. The deniers sound like Seattle real estate guru's when thing were just starting to turn here.
Canada: http://www.nationalpost.com/news/story.html?id=656681

Ireland: http://www.bloomberg.com/apps/news?pid= ... c&refer=uk
Spain: http://www.businessweek.com/globalbiz/c ... op+stories

And finally, let's get the big picture: http://www.business24-7.ae/articles/200 ... 602fb.aspx
A snippet: "Germany, Sweden, Belgium, Denmark and Ireland have all posted even greater declines in property sales than Britain. France, Russia and Poland have faired slightly better with sales off by 40 per cent to 50 per cent compared to a year ago. "