Friday, Oct 02, 2009
Nationwide, doubt, where's Fionnuala
Guardian: Nationwide doubts housing crash is over, despite fifth month of rising prices
UK's largest building society warns of 'considerable headwinds' in the property market, although prices are back to 2008 levels.
Posted by mken @ 08:20 PM (562 views) Add Comment
3 Comments
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. mander said...
What else would a bank with inflated property assets on their books report? Organisations with interests in the property should not report anything because they can influence people’s decisions. I suggest only BoE should be allowed to report but after analyzing serious data.
2. paul said...
The BoE is the biggest vested interest about! They are the last people who should be allowed to comment.
Nationwide is starting to get worried about all the intervention from the BoE in the property market with QE, most notably because it has to come to and end at some point. When that happens, the market goes into freefall and interest rates will soar.
3. inthedelhi said...
@mken... It seems that Fionuala has moved on...
http://www.linkedin.com/pub/fionnuala-earley/b/b44/b40