Tuesday, January 1, 2013

Bulls vs Bears

Sunday 30th December

The first seven minutes of this Money Box radio show is devoted to a discussion about the housing market. The four commentators are Cliff D'Arcy, freelance financial journalist; Andrew Oxlade, Telegraph personal finance editor; Vicky Pryce, senior managing director of economics at FTI Consulting and Merryn Somerset-Webb, Moneyweek's editor in chief. Most of the predictions were pretty bearish apart from Vicky Pryce who stressed that there is a shortage of property and the government policy such as Funding for Lending will support prices.

Posted by quiet guy @ 04:50 PM (1674 views)
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3 thoughts on “Bulls vs Bears

  • Excellent point made about the opposing forces at work – the market forces are pushing house prices down, and UK government are doing everything they can to keep house prices high.

    As a tax payer, seeing my tax pounds going to keep house prices high, is a very bitter pill to swallow.

    Whoever you vote for, the government wins; meaningful change is simply beyond the Whitehall clique.

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  • Very good, i particularly liked the part about how ‘growth was stole from the future’… and must be given back at some point.

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  • @HPW “As a tax payer, seeing my tax pounds going to keep house prices high, is a very bitter pill to swallow.”

    I find many of the things that my tax is wasted on to be a bitter pill to swallow but as some HPC contributors are a tad sensitive we’d better not mention them here.

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