House prices debate
Series: Financial Times ; 29 May 2001, 2 | Building ; 266 (8186) 25 May 2001, 20(2)Publication details: 2001Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3721-09 (Browse shelf(Opens below)) | 1 | Available | 112844-1001 |
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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.