Investment bank warns UK housing market set to implode

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Investment bank warns UK housing market set to implode

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02-22-2008, 04:04 PM

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Investment bank warns UK housing market set to implode

A property expert at investment bank, Dresdner Kleinwort, has warned that the UK housing market is a “house of cards” on the verge of collapse.In a report issued to clients at the start of the results season for UK housebuilders, Alastair Stewart implies that the UK housing market is set to implode as a result [...]

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