How can this title on Yahoo news: “Branson predicts “spectacular” airline casualties” not shock you?

The reference article can be found at: http://uk.news.yahoo.com/rtrs/20080712/tuk-uk-britain-branson-fa6b408.html

The man in charge of Britain’s No. 2 long-haul airline, Virgin Atlantic complained in The Times newspaper: “The financial state of the world is just about the worst I’ve ever known it,” and he added “It’s getting perilously close to being worse than the 1990s.”

He also added: “You have the perfect storm — you’ve not only got the banking crisis and the housing crisis, you’ve got the soaring fuel prices as well…” 

Here at UKPropertyLadder.com our main interest is the housing crisis. If Sir Richard Branson himself considers that the housing crisis is getting perilously close to being worse than the 1990s then UK house prices are set to continue to fall. At the same time recession conditions of the 1990s means affordability to housing will also drop due to higher unemployment and tighter or tightening bank lending criteria.

If you desperately need to sell your house at market price or above, this is the worse time ever to sell. But there is always a solution at hand for those who are ready to walk the extra mile. Visit our landlord-sellers page and learn how you can sell your house at market value or above.

If you think now is the time to buy your dreamed home because prices have never been so low yet you can’t seem to qualify for a mortgage visit our tenant-buyers page. You’ll learn how you can afford your dream house without the banks saying no to you.