![]() ![]() It is.Īnd it's doing so at the same time that food bills soar (up, on average, £800 per family in the last year, says ), energy bills spiral out of control, taxes rise, sterling collapses and one of Britain's largest oil refineries shuts down in preparation for a two day strike. Vintage Continental Studios ELVIS Bust 9.5 Elvis - Etsy Sweden. Elvis Presley Ceramic Bust, Vintage Elvis Bust Statue, Sunrise Mold Co, 12x7圆 eBay. Very Rare 24k ORO Gold Elvis Presley Head Sculpture. ![]() The upshot is it's now impossible for anyone, even John Wriglesworth (oft-quoted as saying that "there is more chance of finding Elvis on the moon than house prices crashing over the next five years") to deny that the UK housing market, which has sustained the personal finances and the consumption of Britain's indebted population for the last five years, is crashing. Elvis statue For Sale - Wildwood Antique Malls. Given the state of the mortgage market none of this is going to change any time soon (see The great bank bail-out), proving, I think, a point that we have been making here for sometime: that house prices have nothing to do with the demand for, and supply of, houses themselves, and everything to do with the demand for, and supply of, credit. ![]()
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