18-06-2007, 03:58 PM
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#7 (permalink)
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Member
Join Date: May 2007
Posts: 45
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Re: Are you ready for Recession?
you said in your blog;
OECD has been overvalued by as much as 65%, however the property index has never fallen by more than about 10% in a 12 month period since reliable data has been available, 65% is a good figure as far as publicity goes the papers will run with a dramatic figure like that, but i wouldnt bet the farm on it
now may not be a good time to invest but i think recession is too strong a word just a little slowed growth
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