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Originally Posted by Augi
I have known about the housing bust from my boss when I worked in construction, but never saw the implications and results as laid out here. This frightens me a lot.
I think I will try to stay over here.
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It isn't isolated to America.
UK housing market is 'overvalued'
U.K. Housing Market Was Worst Since 1992 in December
Housing market is facing a triple blow, warn experts
Credit crisis: the cracks are opening in UK's debt mountain
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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