Topic: | Re:Re:Re:Re:Warning from the Bank of England | |
Posted by: | Nick Barton | |
Date/Time: | 15/07/15 18:03:00 |
"Personally I am quite happy to see a rise in interest rates if it gives the first time buyer a better chance" Amen to that "I doubt they will decrease (although I wish they would) in London simple supply and demand" Demand will outstrip supply pretty quickly if mortgages for quite a few become unmanageable and any foreign influence on prices (esp the short term merchants) will disappear overnight if a quick profit is unavailable. But what do I know ..... |