| Topic: | Re:Re:Warning from the Bank of England | |
| Posted by: | Nick Barton | |
| Date/Time: | 15/07/15 17:30:00 |
| They have held off a rate rise so as not to interfere with the Election. Interest rate rises will see an end to house price inflation (or at least an end to the quite ridiculous rises of late) and depending on how high they go (and I was paying 16% in 1989!) house price decreases. Which to be honest if you consider what it must be like for anybody under 40 trying to buy anywhere within the M25 can only be a good thing. In my view .... |