Friday, Jan 12, 2007
Is house price inflation 'plateauing'?
FT.com: Growth in UK house prices stalls
The FT house price inflation index, published today, shows a year on year decrease for the first time in 15 months. December prices rose 6.8%, compared to November's 7.4%.
Posted by jellycaster @ 05:27 PM (153 views) Add Comment
2 Comments
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1. talking rot said...
Am I interested in house prices plateauing. Errr. No. I get the feeling this all this talk of a HPC will go off like a damp squib. House prices will crash an amazing 15%-20%.
Well then. They are no longer amazingly, totally, wholly unaffordable. Instead, they are just wholly unaffordable.
I'll get interested when interest rates hit 7% and unemployment hits 2 millions and StErling has fallen.
2. Rimmer said...
Rot
I stick with my previous views a 20% drop would just be a correction to reality, stagnation at that for 5 years will be another 15% in real terms so 35% less realtive to earnings by 2012 .
Humm and keeping kids in school till 18 with even the retards that dont want to be there at 11 is nothing to do with Tonys emploment figures then - Ya right !!