Friday, November 25, 2011
CEBR jokers at it again
HOUSE prices are set to increase by 15 per cent over the next five years, say leading economists. Douglas McWilliams, chief executive of the Centre for Economic and Business Research, said: â€œIt's important to realise that the UK has a housing shortage, which is shown by the recent rises in rents. In addition more quantitative easing by the Bank of England, means that gradually mortgages will be easier to come by."