The country is BANKRUPT or crisis prevails! - News about real estate, Kiev, Kyiv region. Real Estate In Ukraine

The country is BANKRUPT or crisis prevails! - News about real estate, Kiev, Kyiv region. Real Estate In UkraineHousing prices in the UK could fall by another 55%, and there is a real likelihood that the country will become bankrupt...Britain is on the verge of bankruptcyHousing prices in the UK could fall by another 55%, and there is a real likelihood that the country will become bankrupt.Bank experts believe that the market may start a panic sale of property purchased for lease, in connection with than the average price of housing in the UK could fall below 100 thousand pounds.Over the past year, housing prices have already fallen by about 20%. Despite this, analysts do not believe that the correction is over. According to them, the price of housing exceeds its fair value by 17%-39%. While they note that in the correction of prices is usually at some time fall below fair value. Thus, housing prices could fall another 40% -55%.Analysts at Numis severely criticized the British government for measures to support the economy and restore lending.Bankruptcy in the UK is a realistic possibility, as the government tries to stimulate an increase in the debt burden despite the fact that the economy is already mired in debt. We believe that the magnitude of the macroeconomic imbalances in the UK are so high that the prospects of economic recovery in 2009 is simply no.



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