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DimPrawn
30th November 2010, 12:24
House prices will fall 2.7pc in the next year, says Office for Budget Responsibility - Telegraph (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8168763/House-prices-will-fall-2.7pc-in-the-next-year-says-Office-for-Budget-Responsibility.html)

House prices will fall 2.7pc in the coming financial year, the Office for Budget Responsibility (OBR) has forecast.


:eek

2.7%!

Imagine what that will do to the price of a £500K bedsit in London.

thunderlizard
30th November 2010, 12:27
Say We! (http://budgetresponsibility.independent.gov.uk/who-we-are.html)
Lovely little motor. Just got it in last week. Couple had only had it 6 months. Brand new windscreen you'll notice. Pop into the office and we can talk about financing.

Freamon
30th November 2010, 13:21
Say We! (http://budgetresponsibility.independent.gov.uk/who-we-are.html)
Lovely little motor. Just got it in last week. Couple had only had it 6 months. Brand new windscreen you'll notice. Pop into the office and we can talk about financing.
Good to see Mr Nickell is still able to provide his valuable insights on economics, having been intimately involved in completely missing the trouble brewing in the run up to the credit crunch:

Stephen Nickell is currently Warden of Nuffield College, Oxford. Previously he has held Economics Professorships at both LSE (London School of Economics) and Oxford and was President of the Royal Economic Society from 2000 to 2003. He was a member of the Bank of England Monetary Policy Committee from 2000 to 2006.

Mich the Tester
30th November 2010, 13:26
House prices will fall 2.7pc in the next year, says Office for Budget Responsibility - Telegraph (http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/8168763/House-prices-will-fall-2.7pc-in-the-next-year-says-Office-for-Budget-Responsibility.html)

House prices will fall 2.7pc in the coming financial year, the Office for Budget Responsibility (OBR) has forecast.


:eek

2.7%!

Imagine what that will do to the price of a £500 bedsit in Swindon.

FTFY