House prices could fall for two years · Real-Estate-Investing.ExplainedOnline.Net

House prices could fall for two years

International Herald Tribune - Reuters, Published: July 19, 2008 LONDON: Citigroup chairman Win Bischoff has warned that house prices in Britain and the United States are likely to keep falling for another two years. The chairman of one of the world’s most powerful banks told the BBC in an interview that he expects it will take two years for the markets to stabilise. He also said he expected the credit crunch could continue through until 2009. Bischoff told the BBC that there would be r

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