Monday, May 19, 2014

Vince highlights the ‘unusual’ recovery we are having

Vince Cable: rising house prices destabilising economy

Vince Cable said: "Vince Cable has warned the economy is being destabilised by booming house prices and any sane person should worry about what is going to happen when interest rates rise as the economy returns to normal." 'In the next few years we are going to get back to high levels of household debt in relation to income, significantly higher in the UK than in almost any other country.'

Posted by pete green @ 03:50 PM (1631 views)
Please complete the required fields.



2 thoughts on “Vince highlights the ‘unusual’ recovery we are having

  • Hoo-Ray! What a super Coalition.

    They have guaranteed that 35 to 40% of the nation remain rent slaves forever. Why not re-tighten the planning rules and ban building so as to make even more money 🙁

    (cue – people to comment on how this is helping our “recovery”.)

    Reply
    Please complete the required fields.



  • All the time they are not allowing building the underlying capital is deteriorating (the deteriorating bricks and mortar).

    Reply
    Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>