[lbo-talk] Housing bubble to burst?

James Heartfield Heartfield at blueyonder.co.uk
Thu Sep 14 08:42:48 PDT 2006


The IMF warns Britain that its housing market is overvalued today - just as the Citizens' Advice Bureau warns that record numbers of younger house-owners risk eviction through missing their mortgage re-payments.

My book 'Let's Build! Why we need five million new homes in the next 10 years' published later this month, explains why the housing boom has not translated into a building boom. http://www.amazon.co.uk/Let-Build-Million-Homes-Years/dp/0955383005/sr=8-1/qid=1158248304/ref=sr_1_1/026-8972968-9918838?ie=UTF8&s=gateway

Here is an edited excerpt, on the Phantom Housing Boom, that quotes Doug H: http://www.spiked-online.com/index.php?/site/article/1647/

And in this month's Blueprint, and article on the virtues of Suburban sprawl: http://www.wdis.co.uk/blueprint/thismonth.htm -------------- next part -------------- An HTML attachment was scrubbed... URL: <../attachments/20060914/d048bba9/attachment.htm>



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