Sunday, February 14, 2010
Put your money where your mouth is?
"State-owned Royal Bank of Scotland plans to launch a product in the next six months that will allow investors to bet on house price falls. The product, which will be linked to Halifaxâ€™s house price index, could prove controversial because RBS, which is 84%-owned by the taxpayer and Britainâ€™s fifth-largest lender, is inextricably linked to the health of the housing market." I'll certainly be looking for more details later.