That is right. If banks restrict lending criteria, we will see healthy housing market, as that automatically limits foreclosures. High PEs are fundamental problem in downturn of US and UK housing market. Not interest rates.
what are we in store for this week...., page-9
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Last
$4.68 |
Change
0.040(0.86%) |
Mkt cap ! $8.964B | |||
| Open | High | Low | Value | Volume |
| $4.65 | $4.68 | $4.62 | $29.13M | 6.263M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $4.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.68 | 40138 | 4 |
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| GPT (ASX) Chart |