All Posts Tagged With: "Housing Prices"
Whip Inflation Now
Whip Inflation Now…Where Can We Get Help on Inflation?…The Patient Died Anyway…Inflation in Asia and Europe…There Are No Good Solutions
House Price Crash UK: Prices to Fall 10% by 2010
A new report by Paris-based economic think tank the OECD warns of a severe house price crash in the UK.
The report predicts that UK house prices will crash by 10% by 2010 and that, with consumer spending slowing, the Bank of England will eventually need to cut interest rates by three-quarters of a percentage point to 4.25% next year.
Ben Traynor in The Daily Reckoning explains how a house price crash in the UK will affect the country’s economy…
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