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National Institute Of Economic And Social Research

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"The National Institute of Economic and Social Research, a respected economic think tank, chose this week to suggest, in its latest quarterly report, that house prices need to fall by 30 per cent to return to their “equilibrium level”. To achieve that, said the NIESR, the Bank should raise rates by half a percentage point to 5 per cent when its monetary policy committee meets next week." This was back in 2004, but I wonder what they are saying these days!

ext from Kevin B - FT

Edited by gruffydd

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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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