Expert's Weigh in on the Market
September 25th, 2008
Will the market continue to pause, improve or worse, lead to another big housing recession like the one in the early 1980s when properties and fortunes were lost?
“The 1980s were a completely different situation,” assures Muir. “Interest rates rose as high as 21.75 per cent and unemployment reached 12 per cent.”
Helmut Pastrick, Chief Economist at Central 1 Credit Union agrees that our ...