Archives for: interest only loans

George Osborne was to have been a new kind of chancellor for a new kind of Britain. Instead of being an economy hooked on financial services and trading, we were going to be an economy under the stern command of business investment and export markets. Instead of government profligacy, we were going to see government […]

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The UK Housing Bubble Set to Explode

by Mitch Feierstein about 10 years 4 months ago

Hometrack, a property analytics business, recently reported a 0.2% increase in British house prices, the first such rise in 20 months. The company’s peculiar response to that unimpressive piece of data is that prices will continue to hold firm in the coming months, though, in a brief spasm of honesty, the company goes far enough […]

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