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Realistbear

Warning: London G D P To Fall Back In 2nd Half Of 2006

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http://www.startups.co.uk/London_GDP_to_fa...ge.YXWL6ec.html

London GDP to 'fall back to average'

15/03/2006

The capital’s rate of economic expansion will ease from last year’s gains back to the long-term average in the second half of 2006, according to economic indicators.
Data from the Bank of Scotland shows that growth trends in London will likely fall in line with nationwide trends this year, following a prolonged period of above-average growth in 2005 that outpaced the whole of the UK.
The bank’s indicator predicts that growth in London average rate of growth approximately 2.6% in Q3, with
weak consumer and business confidence seen as the chief inhibitors
.

If the economy is just beginning to slow down it follows that prices will do the same. Will it be time to adjust the rents to relfect the new paradigm?

And fall back to "average" is dependent on:

Low interest rates, however, should still benefit both business and consumers, the bank said.

Low interest rates lasting forever eh? :P

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Low interest rates, however, should still benefit both business and consumers, the bank said.

Low interest rates lasting forever eh? :P

I wish rates would drop to 0% there would be no room for moving down then and these people can then shut the f*** up.

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  • 301 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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