Bank of England sets interest rates as Brexit looms and house prices slide - business live

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Bank of England sets interest rates as Brexit looms and house prices slide - business live
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Rolling coverage of the latest economic and financial news, including the final Bank of England inflation report before Brexit Day

  • 📰 The Guardian
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 53%

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The Guardian /  🏆 84. in KR
 

The article seems counter-intuitive. Low supply normally means prices go up....not down. If prices are going down, it is not a supply issue - it is all the other uncertainty - or they are basically overpriced.

Housing market has been stimulated by debt that can never be paid back. It is only a matter of time before the bubble bursts.

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