Rising fuel costs, food prices and a global credit crunch have severely damaged many of the world’s economies including in Britain where house prices are plummeting amid fears of a recession. The Labour governmentin the UK have also suffered a massive dip in popularity with public fears that a recession will affect millions of families [...]

Real estate markets across Asia, has been a mixed reaction to the global credit crisis and the consequences of the U.S. mortgage crisis. Some markets, like Japan, has slowed down parallel, while other subtle advantage of the situation. Japan has experienced a record peak of property prices in the third quarter of 2007. But since [...]