PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 19th Aug 2008, 12:22
  #214 (permalink)  
Wee Weasley Welshman
 
Join Date: Feb 2000
Location: England
Posts: 15,013
Received 206 Likes on 73 Posts
UK Estate agents with homes, houses & property for sale on rightmove.co.uk





(Previously Sold on 31 Jul 2006 for £194,995) 109 Hansby Drive, Speke, Liverpool,Merseyside L24 9LW Semi-Detached (New build) 3 bed, garden, driveway and garage:


Just went under the hammer for........... £91,500, -53%


Do you see why banks are running out of money? That £103,495 that just went up in smoke before your eyes was loaned by them to someone who is now very probably protected by the bankruptcy courts.

Now multiply this by a thousand. Then double it. The double it again. And then you're not even close to what is going up in smoke every month at property auction.

We are about one third of the way into this.

Protect yourselves.

WWW
Wee Weasley Welshman is offline