Real estate sales in Jordan plummet; Qatar house rents have fallen 35%; Dubai prices fall 17%; Hawaii’s luxury condo market hit by swine flu fears and recession; Hugh Hefner needs to sell a house as financial problems increase.
If anyone was thinking of believing the twisted statistics being pumped out by the governments and newspapers, this is a representative selection of headlines that might persuade you that perhaps, just perhaps, the problems are not all over in the housing markets.