Monday, January 14, 2008
Meanwhile….
UK house price slowdown continues
As expected the market is following most expectations on this website... unexpected and boring I know, but for the record nonetheless... incidentally gold is at $915 and stock mrkets are wobbling.. remember to buy your gold sovereigns and stock-up on tinned provisions..
Posted by stevie dee @ 11:14 AM (756 views)
3 thoughts on “Meanwhile….”
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crash bandicoot says:
“The MPC decided to hold rates earlier this month, but many economists expect it to cut again very soon, possibly as early as next month.”
Why? As stated in the article annual HPI is “still” 4.8 or 5.1% This is double their often reported CPI value. I’m sure that if pay rises were settled at 5% they would be labeled as “inflation busting”. Why are these HPI figures not labled “inflation busting” and why are the BBC not demanding rate rises to control them, instead of endlessly bleating for rate cuts.
hpwatcher says:
it’s a mess!
paul says:
“why are the BBC not demanding rate rises to control them, instead of endlessly bleating for rate cuts”
I think we all know why but just in case – BBC editors have buy-to-let portfolios too, don’t ya know!