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House Price Crash Forum

Sharp Correction In Uk House Prices


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HOLA441

This article states that

In March 2004 Nickell commented that: "the longer house prices continue to rise a lot faster than incomes, the more probable that there would be a relatively sharp correction."

So why does he continually vote every month to make mortgages more affordable? Am I missing something?

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HOLA442
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HOLA443

So why does he continually vote every month to make mortgages more affordable? Am I missing something?

I think he was just setting himself up for consultancy post MPC.

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HOLA444
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HOLA445

I think he was just setting himself up for consultancy post MPC.

Hence his agent/PR getting his name bandied around much as possible. Im sure he only votes against rest of MPC to get mentioned in the press.

The guy's a muppet

Edited by jp1
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