Another positive effect of Brexit

[shaunbhoy]

Not really much of a "slump" when it appears to be confined to properties right at the top end in the more select geographical areas.
Nationwide reported a rise of 0.2% for January 2017.

I guess you can just choose whichever stats you like and believe them. Every contingency will be out there no doubt.

[eek]

There are two measures of inflation. The government just prefers to use whichever one gives them the lowest inflation figure.

FTFY...

[SueEllen]

There's the problem right there. Inflation doesn't measure rents/mortgages. Which is bonkers. Well actually it's a deliberate act to prop up the ponzi debt bubble and keeping emergency rates at record lows. This is economically unsustainable.

There are two measures of inflation. The government just prefers to use the one that ignores rent and mortgage repayments.

[PurpleGorilla]

Another positive effect of Brexit

It would be useful.

I still fail to see why the cost of a basic need I. E somewhere to live, rising 5%+ over average inflation, should be seen as a good thing.

It puts pressure on people to borrow more and pressure on the economy in general as money is sacked into mortgage repayments.

Still, I'm sure some will be disappointed.

There's the problem right there. Inflation doesn't measure rents/mortgages. Which is bonkers. Well actually it's a deliberate act to prop up the ponzi debt bubble and keeping emergency rates at record lows. This is economically unsustainable.

https://youtu.be/jReImMitYIc

[GB9]

House prices slump as Brexit holds back buyers* | Daily Mail Online

House prices going down



Presumably some will see this as a buying opportunity....

It would be useful.

I still fail to see why the cost of a basic need I. E somewhere to live, rising 5%+ over average inflation, should be seen as a good thing.

It puts pressure on people to borrow more and pressure on the economy in general as money is sacked into mortgage repayments.

Still, I'm sure some will be disappointed.

[BrilloPad]

House prices slump as Brexit holds back buyers  | Daily Mail Online

House prices going down



Presumably some will see this as a buying opportunity....