UK house prices growth almost 'grinds to a halt' amid Brexit uncertainty – business live

Guy Harrington, CEO of property lender Glenhawk, blames Brexit for the slowdown in house price growth: If these were ‘normal’ times, we’d expect the favourable underlying drivers of low interest rates and high employment to be supporting a buoyant market. However these are unprecedented times and the record that is playing housing growth is stuck until the needle bounces over the Brexit bump, although that assumes that’s all it is.

constant asset growth ..... only punishes people looking to acquire those assets .................stop all state intervention in the housing market.............its a ponzi scheme

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Firms lose confidence in UK economy as Brexit looms – business liveRolling coverage of the latest economic and financial news More damage of having the vote in the first place. More proof it’s the biggest act of self harm a Countrh can do to itself. It’s the delay caused by 3 years of dithering, obfuscation and deceipt that’s done the damage.
Herkunft: The Guardian - 🏆 84. / 53 Weiterlesen »