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Saving For a Space Ship

Roger Bootle Speaks On Rad 4 Now

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Roger Bootle interviewed on Radio 4 in the last few minutes of the PM programme.

Quite a long piece in which he was quite bearish . He mentioned the Crash word & said there were 2 major problems :

1. House prices too high so there was no capital gain

2. For FTb's Prices were so high that they could not get a deposit together.

He then said that despite what the Halifax / VI's etc say, the word on the ground was that a lot of people think prices are going soft & falling.

I think Real Player link is here http://www.bbc.co.uk/radio4/news/ram/news_bulletin.ram

I'm still listening at 6.10pm & the BBC's economics editor Evan Davis mentioned house prices & said that the key was to create economic growth without resorting to encouraging consumer spending (or words to that effect)

http://www.bbc.co.uk/radio/aod/networks/ra...io4/six_pm_news

Worth repeating for those who had not seen it - Evan Davis's Sept. 04 article on ' Why I'd like a house price crash' http://news.bbc.co.uk/1/hi/business/3701070.stm

Edited by Saving For a Space Ship

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What made me laugh was Sir Digby saying earlier that we had been spared a recession (used the 'r' word!) by "consumer confidence", nearly wet myself.

Should he have said "consumer OVERconfidence" or "consumer stupidity"??

:lol:

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Roger Bootle interviewed on Radio  4 in the last few minutes of the PM programme.

Quite a long piece in which he was quite bearish . He mentioned the Crash word & said there were 2 major problems :

"Houseprice crash" was used in the intro. ;)

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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