Inflation's demons are hard to exorcise
Language: English Series: Construction News ; (6922) 23 June 2005, 17(1)Publication details: 2005Subject(s): Summary: Explains that the relatively low levels of inflation since 1990 have caused problems as well as providing greater stability. For example, inflation can help to absorb a fall in house prices; this happened in the early 1970s where despite 32% being removed from the real value of a home there was no negative equity.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130230 (Browse shelf(Opens below)) | 1 | Available | 130230-1001 |
Explains that the relatively low levels of inflation since 1990 have caused problems as well as providing greater stability. For example, inflation can help to absorb a fall in house prices; this happened in the early 1970s where despite 32% being removed from the real value of a home there was no negative equity.