House prices slump as Brexit holds back buyers | Daily Mail Online
House prices going down
Presumably some will see this as a buying opportunity....
House prices going down
Presumably some will see this as a buying opportunity....
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It would be useful.Originally posted by BrilloPad View PostHouse prices slump as Brexit holds back buyers* | Daily Mail Online
House prices going down
Presumably some will see this as a buying opportunity....
I still fail to see why the cost of a basic need I. E somewhere to live, rising 5%+ over average inflation, should be seen as a good thing.
It puts pressure on people to borrow more and pressure on the economy in general as money is sacked into mortgage repayments.
Still, I'm sure some will be disappointed. -
Another positive effect of Brexit
There's the problem right there. Inflation doesn't measure rents/mortgages. Which is bonkers. Well actually it's a deliberate act to prop up the ponzi debt bubble and keeping emergency rates at record lows. This is economically unsustainable.Originally posted by GB9 View Post
https://youtu.be/jReImMitYIcLast edited by PurpleGorilla; 19 February 2017, 11:29.Comment
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There are two measures of inflation. The government just prefers to use the one that ignores rent and mortgage repayments.Originally posted by PurpleGorilla View Post"You’re just a bad memory who doesn’t know when to go away" JRComment
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Not really much of a "slump" when it appears to be confined to properties right at the top end in the more select geographical areas.
Nationwide reported a rise of 0.2% for January 2017.
I guess you can just choose whichever stats you like and believe them. Every contingency will be out there no doubt.“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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