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General Discussion Area / Re: Sales V Interest Rates
« on: 20 June 2008, 10:11:42 »
Governments have always pushed up interest rates in order to combat inflation.So the next move is likely to be up.
But we need to bring interest rates down in order to get the housing market moving again.
Little or no growth added to rising inflation equals stagflation.
Hard times ahead.Especially for those who have just bought a house.
But we need to bring interest rates down in order to get the housing market moving again.
Little or no growth added to rising inflation equals stagflation.
Hard times ahead.Especially for those who have just bought a house.