Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (55023)	10/28/2004 3:53:24 AM
From: Taikun	Respond to of 74559

EP, Europe-particularly the UK-is starting to look soft and they may need a rate reduction by BofE. I don't think the Europe bit shields KBH much from a global real estate slowdown (I must be biased, I own KBH puts!! Ha ha) David

To: energyplay who wrote (55023)	10/28/2004 4:39:20 AM
From: Taikun	Read Replies (3) \| Respond to of 74559

EP, My apologies for the selection of source media (I try to avoid The Guardian) - David Mortgage approvals slump by 30% as repossessions rise Ashley Seager Thursday October 28, 2004 The Guardian The UK housing market has suffered a sharp slowdown, according to figures which show that approvals for new mortgages slumped by 30% in a year. And separate figures revealed yesterday that the number of court actions to repossess houses had risen 15% over the past year to the highest level in nearly five years. guardian.co.uk