Tuesday, Mar 13, 2007
Front Page of Daily
Daily Mail: 'Raise interest rates or face economic disaster'
Interest rates need to go above eight per cent to control booming house prices, a leading economist has warned. Martin Weale said that unless the property market is restrained it will suffer a crash, devastating those who look upon their home as their pension.
Posted by scumbag @ 09:49 AM (163 views) Add Comment
2 Comments
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1. Mattpascoe said...
All very well people releying on property as a pension, that is their problem. What is an uncontrolled problem is the next generation unable to afford the step onto the ladder, something which is certainly a little more important some how.
2. geed said...
This is the 4th time this story has been posted in some way shape or form, this stifles a good chain of debate....Good article though ;)