Jump to content
House Price Crash Forum
Sign in to follow this  

Weak Pound

Recommended Posts

As interest rates in the USA are now higher, it seems likely that unless rates rise, the pound will slide against the dollar, as it already has against the euro.

A weaker pound would mean higher inflation, wouldn't it? Perhaps not the official inflation figure, as I think the basket of goods changes to suit the moment. In the long run though, if it were sustained, this would erode the value of house prices without the proletariat really noticing. Would this be good for the UK economy and / or labour's chances at the next election?

On the other hand, am I missing something and will they be forced to raise rates to keep up with the Joneses?

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 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%

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.