Stories tagged with "house prices"
UK House Sellers In Denial About The Property Crisis - Energy Too?
Posted by Doug Low on September 29, 2008 - 10:25am in The Oil Drum: Europe
Topic: Sociology/Psychology
Tags: house prices [list all tags]
A recent article in the UK's Independent newspaper suggests that house sellers in the UK are unable or unwilling to accept the fact that we are in a new housing paradigm. House prices have fallen drastically over the last year, but the sellers are still asking for pre-credit crunch prices. This article looks at a specific example of this unwillingness to accept that circumstances have changed, and asks what are the implications for the coming energy crises.


k Nation (Jim Kunstler)






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