Wednesday, August 30, 2006
House-price fall poses dilemma on interest rate
House-price fall poses dilemma on interest rate
"The housing market has moved from cooling, through slide, into collapse. At least, that’s what many property analysts and economists are saying." "Otherwise, the recession will be deep and nasty." No if and when here, it's happening.
Posted by bigguy @ 12:37 AM (506 views)
2 thoughts on “House-price fall poses dilemma on interest rate”
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Neitherbullnorbear says:
I seem to have come through to the US edition of HPC. How do I get back to the UK version?
Miniftse says:
“…recession or faster inflation.”
Inflation, bet your house on it, recession and everyone would go bust. I wish they would allow it, but I doubt they will.