More Good News: Rents Fall

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Thanks to the errors of speculators in the crazed housing boom, rents are falling in the UK, despite vast money creation. Look for the same to happen in the US. For most people, renting makes more sense than buying. This is now becoming clear once again as the fog of central-bank mania lifts from the real estate market.

8:21 am on November 18, 2008