Saturday, October 28, 2006
House prices boom in last decade
House prices boom in last decade
Economic growth since 1996 has fuelled house price increases averaging more than 10% pa (double the rate of earnings inflation)
Posted by going south @ 07:12 AM (516 views)
2 thoughts on “House prices boom in last decade”
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Talman says:
….and not a mention of there being any risk. Well that’s settled it in my mind – I can tell you. Good old Beeb. What were we thinking? Come on everybody let’s buy before it’s all too late! How can we ever thank you BBC? If it wasn’t for your balanced reporting I don’t know where we’d all be! There is just one spanner in the ointment if I may mix my metaphors for a moment. Just the small matter of the collapsing US market despite equal unprecedented growth there too.
Prof says:
So, house prices have been booming for the last decade. Didn`t Gordon tell us “no more boom and bust”? Well, what a clever chancellor he must be, because it`s been all boom ! Maybe we won`t get a bust after the boom, just a KABOOM !!!!