Deflation

[DimPrawn]

Shop prices falling at fastest rate since 2006, says British Retail Consortium | Business | The Guardian

Discounts on clothes and electrical goods and a slowdown in food inflation left prices in Britain's shops falling at their fastest pace for at least seven years last month.

Shop price deflation hit 1.4% in February after a rate of 1% in January, according to the British Retail Consortium/Nielsen shop price index. That was the deepest rate of deflation since the BRC began producing these numbers in December 2006.



My house is going up 20% per annum, so is my rate and cost of everything is plummeting. All true, honest.

[AtW]

Average small central London flat to cost £36m by 2050, investor predicts

You may think a shoebox-sized flat in central London costing more than £1m is an insane illustration of a property price bubble, but it could be the bargain of the century.

According to projections by one of the biggest investors in "prime" property in the capital, that average flat could fetch £36m by the middle of the century – if its predictions of 9%-a-year growth in prices become reality.

Casting aside concerns that Russian oligarchs will no longer be sheltering their billions in luxury mansions, London Central Portfolio has launched a £100m fund to buy one- and two-bed apartments in the capital's most exclusive districts.

Average small central London flat to cost £36m by 2050, investor predicts | Business | The Guardian