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Showing results for tags 'house price'.
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The People have spoken and there is no doubt that the Banks have eaten us and themselves. Are we looking at the catastrophic falls in house prices as predicted, or is this merely a threat by Project Fear. The Pound is taking a hammering, markets are plunging worldwide and Gold shoots up by 4%. Talk of BOE cutting interest rates to save the pound. -
http://www.dailymail.co.uk/news/article-2636875/Billions-barrels-oil-Sussex-Hampshire-Kent-Analysis-reveals-vast-scale-energy-reserves-underneath-Home-Counties.html Ok, I admit this is going to lead to massive protests by Nimbys, but really I can't see what the issue is with fracking.The extraction equipment leaves minimal footprint, and the stuff about earthquakes and tap water catching fire is a load of old rubbish. If anything, it will bring a lot (and I mean a lot) of new wealth into the areas - surely these nimbys will love it as house prices rise. Anyone who has ever had anything to do with Aberdeen will understand this. Personally as someone living in this area, I am perfectly delighted for fracking to take place, especially if some cheaper energy gives us a chance to fix our otherwise bankrupt economy.