000 00946cab a2200241 4500
001 WB3513-45
008 090401t1999 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u92659
041 _aeng
245 _aCuts `may ignite boom and bust cycle`
260 _c1999
350 _a0
490 _aFinancial Times
_v9 April 1999, 10(1)
520 _aThe latest interest rate cuts pose a danger to UK house prices. Cheaper mortgages could reignite a boom-bust cycle in residential property, according to FPD Savills. At the beginning of 1999, mortgage payments had fallen to 17% of the average UK household's disposable income, from its historical average of 25%.
650 _aBOOM AND BUST CYCLES
650 _aHOUSE PRICES
650 _aINTEREST RATES
650 _aMORTGAGE RATES
650 _aRESIDENTIAL PROPERTY
_96266
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
942 _n0
948 _c09/04/1999
999 _c58730
_d58730