Tag: us subprime collapse

On the other side of the Pond

On the other side of the Pond

| January 30, 2009 | 0 Comments

The housing bubble burst first in the US as the subprime collapse affected a lot of working class people. Recent data from the US indicated that new home sales fell sharply by a 14.7% in December while existing home sales appeared to have rebounded the opposite way. Just 331k of new homes are now being [...]

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