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rantnrave

Oecd Warning About Uk Hpi

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Just spotted this on Al JaBeeba. Thought it worth posting.

See also http://www.theguardian.com/business/2014/may/06/uk-house-prices-oecd-warning

and http://uk.reuters.com/article/2014/05/06/uk-oecd-britain-idUKKBN0DM0HN20140506


OECD FORECAST 12:06:

More from the OECD's latest report on the global economy. It says measures to curb the UK's housing market should be considered, including reducing the Help to Buy scheme. It also advocates the "introduction of higher capital requirements or low maximum loan-to-value ratios for mortgages".

Edited by rantnrave

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OR.......the system will collpase ?

OR.......the banks will collapse again ?

OR.......the population will rebel ?

OR.......their credit rating will drop to "are you having a laugh" ?

OR......what ?

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The OECD, IMF etc would issue these press releases when Brown was chancellor. Then offer press releases six months later saying everything is fine.

They themselves are part of the problem.

I always read OECD as OCD, which would probably make more sense.

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Carney def gearing up to use one of his fabled 'tools'.

Perhaps summer/late summer.

If he doesn't he's going to look an ar5e.

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Carney def gearing up to use one of his fabled 'tools'.

Perhaps summer/late summer.

If he doesn't he's going to look an ar5e.

If he does use his "tools", then the BoE are pulling in one direction and the Treasury in another. What is the point of simultaneously creating demand with HtB and restricting demand with these "tools"?

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If he does use his "tools", then the BoE are pulling in one direction and the Treasury in another. What is the point of simultaneously creating demand with HtB and restricting demand with these "tools"?

because one is to sell loans, and the other is to aid buyers to buy loans

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