000 00945cab a22001935a 4500
001 L144318
008 080710e20080705xxko f s 000 0 eng d
035 _a(Sirsi) u144318
041 0 _aeng
110 2 _aThe Economist
_969
245 0 0 _aCollateral damage
260 _c2008
490 _aEconomist
_v388(858) 5 July- 11 July 2008, 43-44(2)
520 _aArticle details how current threats to the housing market will affect the economy in wider terms. Details that the number of mortgages offered; property values and property turnover have all fallen dramatically in recent months and that these facts will significantly affect consumer spending. Posits that a fall in consumer spending could realistically lower GDP growth, at a rate determinded largely by the link between falling house values and consumer expenditure.
650 2 4 _aCREDIT CRUNCH
651 4 _aUnited Kingdom
_y
690 _aResidential property
_96266
942 _n0
999 _c80426
_d80426