House prices debate
House prices debate
- 2001
- Financial Times 29 May 2001, 2 Building 266 (8186) 25 May 2001, 20(2) .
Research from Cambridge Econometrics suggests that low mortgage rates will do nothing to stop house prices in London falling to more sustainable levels. These findings are rejected by housebuilders and the City. They argue that consumer confidence in the economy is too strong for this to happen with houses generally seen as affordable.
HOUSE PRICES
MORTGAGE RATES
INCOMES
CAMBRIDGE ECONOMETRICS
INTEREST RATES
Research from Cambridge Econometrics suggests that low mortgage rates will do nothing to stop house prices in London falling to more sustainable levels. These findings are rejected by housebuilders and the City. They argue that consumer confidence in the economy is too strong for this to happen with houses generally seen as affordable.
HOUSE PRICES
MORTGAGE RATES
INCOMES
CAMBRIDGE ECONOMETRICS
INTEREST RATES