Warning that house prices may fall by 80%
IRELAND WILL see more demolition than construction of houses over the next decade, as the economy struggles to recover from the collapse of the ´ market and the emergence of "zombie" banks, UCD economist Morgan Kelly told the conference.
http://www.irishtimes.com/newspaper/finance/2009/0113/1231738220759.html
State Pensions' $865 Billion Loss Affects New Workers
State governments from Rhode Island to California have run up estimated pension-fund losses of $865.1 billion, forcing some to cut benefits for new hires.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aw9HrY21Ynno&refer=exclusive
From Information Clearing House
http://freepage.twoday.net/search?q=housing
http://www.irishtimes.com/newspaper/finance/2009/0113/1231738220759.html
State Pensions' $865 Billion Loss Affects New Workers
State governments from Rhode Island to California have run up estimated pension-fund losses of $865.1 billion, forcing some to cut benefits for new hires.
http://www.bloomberg.com/apps/news?pid=20601109&sid=aw9HrY21Ynno&refer=exclusive
From Information Clearing House
http://freepage.twoday.net/search?q=housing
rudkla - 14. Jan, 09:36
