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House Price Inflation On The Bbc

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So, firstly they are referring to price rises as INFLATION and interestingly came next to a report on inflation generally.

Then the line of questioning to Brandon Lewis gently exposed how this is all not adding up. The gist of it was:

Isn't prices going up risking a bubble and the problems last time ? - Ah but this means builders are building more buildings which er, means more people can have houses [my question being what exactly is the housing crisis then ? Anything to do with prices ?]

But wages are static and prices are going up ? - But its great that interests are making houses more affordable.

But what happens when interest rates go up ? Its great that we will have stable interest rates for some time to come...

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Over on Positive Money there is some accurate and insightful analysis:

http://www.positivem...y-issues-again/

http://www.positivem...s/house-prices/

Cheers for the links - ones to save methinks.

The Brandon Lewis interview was a different one though - on BBC News 24 with the blonde presenter. Initially washed over me as a bland version of this site, but then suddenly realised that this logic - or a demonstration of the lack of it was being explored AT ALL.

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