In a recent speech MPC member Andy Haldane extolled the virtue of patience as being a key requirement of financial stability.… Read More
The latest Land Registry stats show House Prices in Wolverhampton back to levels last seen in 2005. Add in inflation and the… Read More
Economists will tell you that the effect of rising house prices is to transfer wealth from the young to the old. The first time… Read More
The Bank for International Settlements (BIS) is the Bank for Central Banks including our Bank of England. Read More
In July 2007 we said in these pages that cheap credit had been driving up house prices. Read More
Imagine a room big enough to take an elephant of this size. Then imagine squeezed into it with the elephant three men called… Read More
Spring is in the air at last! Sellers are confidently returning to the market, stock levels are rising and first time buyers are… Read More
The OFT is worried about referral fees or “kick backs” that most “traditional” Estate Agents get from… Read More
Low interest rates have created something akin to Alice in Wonderland or, as Andy Haldane at the Bank of England would have it,… Read More
Last week’s rather anaemic growth figures suggest the economy emerged from recession at the turn of the year. Read More
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