Tuesday, January 1, 2013
Bulls vs Bears
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.