UK Property
suhasinisakhare.com
Experts have started predicting that interest rates in the UK will rise before June. Inflation remains a concern. Much of this inflation has been fed by the oil price bubble. Much of the oil price bubble has been fed by QE II and by American exports . If rates in the UK are raised before June, property prices will start to "go south", as one blogger writing in the Telegraph today so eloquently pu...
suhasinisakhare.com
Back in November, I'd reacted to an article by David Blanchflower, published in the Guardian. He had proposed that UK property prices would dip by 20%, and that inflation would save the property market. Inflation would act to increase property prices, just as it would increase the prices of other assets. I had proposed that UK property prices will actually dip back to 1997 levels, an inflation ad...