Prof David Blanchflower of the Monetary Policy Committee has finally awoken to the realisation that the most reliable indicator of house price affordability is the ratio of house prices-to-incomes.
No doubt those that refuse to accept it is was a massive credit bubble/asset price bubble will blame any falls on this phenomenom.
Wednesday, 30 April 2008
"House prices may fall 30%"
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment