Economy slump worst in 50 years

**Doggy Styles** · 30 June 2009, 16:00

Nothing to worry about. It's a result of investment.

**Cyberman** · 30 June 2009, 16:07

We're only spending 1 Billion more every two days than HMG can raise in revenue. Things can only get better..........

**Doggy Styles** · 30 June 2009, 16:08

Originally posted by Cyberman View Post

We're only spending 1 Billion more every two days than HMG can raise in revenue. Things can only get better..........

investing

All that investment will pay off one day.

**pzz76077** · 30 June 2009, 16:09

No worries, the double dip will be a long soon creating the worst slump in 3 centuries.

PZZ

**TimberWolf** · 30 June 2009, 16:41

Yes, but what does this mean for house prices?

**DimPrawn** · 30 June 2009, 16:42

Originally posted by sasguru View Post

http://uk.news.yahoo.com/21/20090630...s-6323e80.html

Perfect timing to pick up a BTL then?

PS. A close friend of mine bought another BTL (3 bed semi) yesterday.

**TimberWolf** · 30 June 2009, 16:55

Originally posted by DimPrawn View Post

Perfect timing to pick up a BTL then?

PS. A close friend of mine bought another BTL (3 bed semi) yesterday.

The reasoning being Sterling will drop faster than house prices?

**DimPrawn** · 30 June 2009, 17:09

Originally posted by TimberWolf View Post

The reasoning being Sterling will drop faster than house prices?

No, the reasoning is property only ever goes up, safe as houses etc.

**TimberWolf** · 30 June 2009, 17:11

Originally posted by DimPrawn View Post

No, the reasoning is property only ever goes up, safe as houses etc.

So what are you doing with your stash of Sterling?

Economy slump worst in 50 years