Saturday, Dec 05, 2009

Stable house prices depend oon a stable economy!

TELEGRAPH: PBR will be 'less ambitious' than Budget

"The Chancellor will not attempt to cut his borrowing target for four years from now, despite widespread calls to bring the deficit down faster. The Treasury will also project that it will borrow "slightly" more this year than the £175bn it forecast in April, meaning Britain's total net debt may be higher in four years' time than the 76pc of GDP projection contained in the Budget".

Posted by alan @ 12:55 PM (932 views)
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2 Comments

1. sneaker said...

Does "stable house prices" mean prices are doing nothing -- or simply going up forever?

Saturday, December 5, 2009 05:40PM Report Comment
 

2. crunchy said...

1. sneaker

Going up forever, as doing nothing would mean they are falling. Having said that, are they going up?

It's a little complex this stability thingy ma bob. The popaganda charts.

Saturday, December 5, 2009 07:15PM Report Comment
 

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