With real US GDP growth expected to drop lower in 2011, economists are warning that the stability of housing prices could have a large impact on consumer confidence and the likelihood of deflation. If US home prices drop again, deflation could creep up and ultimately lead to double dip recession.
Read this news article on Nuwireinvestor.com.
Glossary
Visit Our Investment Terms Glossary
*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.