Wednesday, Aug 30, 2006
House-price fall poses dilemma on interest rate
The Times Online: House-price fall poses dilemma on interest rate
"The housing market has moved from cooling, through slide, into collapse. At least, that’s what many property analysts and economists are saying." "Otherwise, the recession will be deep and nasty." No if and when here, it's happening.
Posted by bigguy @ 12:37 AM (146 views) Add Comment
2 Comments
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1. Neitherbullnorbear said...
I seem to have come through to the US edition of HPC. How do I get back to the UK version?
2. Miniftse said...
"...recession or faster inflation."
Inflation, bet your house on it, recession and everyone would go bust. I wish they would allow it, but I doubt they will.